Independent research & education — not financial advice. Verify information and your own circumstances before acting.Methodology
BITCOIN INTELLIGENCE
Bitcoin through the macro, flow and derivatives lens.
Price is only one layer. We connect Bitcoin to liquidity, ETF flows, rates, the dollar, derivatives positioning and the broader cycle.
LIVE SPOT LAYER
Digital-asset snapshot
Stored server-side with provider and capture time.
LIVE INTELLIGENCE LAYER
Verified data, not decorative numbers.
ETF flow is displayed only when an authorized provider feed is available. Missing data is never replaced with an estimate.
BTC Options Put/Call OImarket
0.56Aggregate put open interest divided by aggregate call open interest.
Deribit
BTC Options Average Mark IVmarket
46.87%Open-interest-weighted average mark implied volatility across listed BTC options.
Deribit
U.S. Treasury 10Ydaily
4.66%10-year Treasury constant maturity rate.
FRED
KAPORAL Estimated U.S. Spot Bitcoin ETF Daily Net Flowdaily
—History builds automatically as new observations arrive.
KAPORAL-derived estimate based on changes in issuer-published shares outstanding multiplied by the prior business-day NAV. Fund coverage and primary-source provenance are stored with every observation. No paid ETF-flow API is used.
Provider observation unavailable
U.S. M2 Money Stockmonthly
—History builds automatically as new observations arrive.
M2 money stock.
Provider observation unavailable
U.S. Broad Dollar Indexdaily
—History builds automatically as new observations arrive.
Trade-weighted broad U.S. dollar index.
Provider observation unavailable
WHAT THIS DESK COVERS
One lens inside a connected intelligence system.
ETF flow is displayed only when an authorized provider feed is available. Missing data is never replaced with an estimate.
01Cycle structure
02ETF flows
03Macro liquidity
04Derivatives positioning
05Institutional adoption
06Regulation and market structure
PUBLISHED RESEARCH
Open research index →Research only appears after approval.
No synthetic headlines.
The public research shelf is currently empty because no flagship investigation has completed the full source, adversarial, standards and human-approval workflow yet. Live data above is operational; editorial publication is a separate gate.
See why we separate data from conclusions →