No Cash Flows, New Owners: Spot Bitcoin ETFs and the Origins of Co-movement
How this study was produced: every step of the run with the file it wrote, and everything the run used, pinned to the exact version. The address of this page is derived from its content: if anything below changed, the address would change.
Run settings
- E2ER
- version 0.8.2 · code at f59c79fda8bf
- Template
- empirical · single pass
- Governance
- full
- AI backend
- claude_code
- Models
- claude_code/claude-sonnet-4-5
- Exported
- 20260911
- E2ER code
- no local changes at run time
Input data
SHA-256 of the data files, as recorded in the study's provenance.
- ·data/data_dictionary.json 3b54e0ba6277
- ·data/data_summary.md 285377de56fb
Workflow (20 steps)
The run in order, from the run's own record. Each specialist step shows the model and the file it wrote; the fingerprint is the SHA-256 of that file in the exported folder. Checks that stopped a step are listed where they happened: 1 here.
Initial
- idea developer · claude-sonnet-4-5 · 09:48–09:50 design/paper_plan.md a480534a2cc7
- literature scanner · claude-sonnet-4-5 · 09:50–09:55 design/literature_review.md e519715654e6
- identification strategist · claude-sonnet-4-5 · 09:55–09:58 design/identification_strategy.md 42aa7aa611a4
- data architect · claude-sonnet-4-5 · 09:58–10:02 data/data_dictionary.json 3b54e0ba6277
- data analyst · claude-sonnet-4-5 · 10:02–10:08 data/data_summary.md 285377de56fb
- econometrics specialist · claude-sonnet-4-5 · 10:08–10:18 design/econometric_spec.md ae90ccb7350c
- Check: contracts failed, step stopped paper_draft.tex: 2 inline tabular environment(s) in the draft (14 \input reference(s)) — tables must come from tables/*.tex via \input so their numbers trace to result files, not from the draft itself
- paper drafter · claude-sonnet-4-5 · 10:18–10:27 paper_draft.tex (rejected by the check above)
- abstract writer · claude-sonnet-4-5 · 10:27–10:28 paper/abstract.tex 4e6faf86b4dd
- paper drafter · claude-sonnet-4-5 · 10:28–10:29 paper_draft.tex (revised into the paper; not in the exported folder)
Review
- Check: numbers passed
- Check: citations passed
- mechanism reviewer · claude-sonnet-4-5 · 10:29–10:31 reviews/review_mechanism.md 98dc62fc705b
- technical reviewer · claude-sonnet-4-5 · 10:31–10:35 reviews/review_technical.md c62e143a76fd
- literature reviewer · claude-sonnet-4-5 · 10:35–10:37 reviews/review_literature.md 74b218dd4397
- writing reviewer · claude-sonnet-4-5 · 10:37–10:41 reviews/review_writing.md 0dda5ad6e677
- data reviewer · claude-sonnet-4-5 · 10:41–10:44 reviews/review_data.md db8ed1e8bca1
- identification reviewer · claude-sonnet-4-5 · 10:44–10:48 reviews/review_identification.md 6a89ce902828
Revision
- patch revisor · claude-sonnet-4-5 · 10:48–10:51 misc/paper_draft.tex.edits.json ec4f6503f012
Replication
- replication packager · claude-sonnet-4-5 · 10:51–10:55 replication/estimation.py 4e1399297fee
What it was built with (57)
Each part with its authors and the version used. E2ER parts are pinned by git's content hash of their file at the commit above; follow a link to read that exact version.
Templates (1)
| Template | By | Pinned version |
|---|---|---|
| empirical | E2ER contributors | pipelines/empirical.toml blob 644be030ae31 |
Specialists (16)
Skills (39)
Connectors (1)
| Connector | By | Pinned version |
|---|---|---|
| claude-code | E2ER contributors | src/modules/llm/claude_code.py blob 7af2fb88bea1 |
Cite E2ER with this dossier
A paper produced with E2ER gives one reference for E2ER: this dossier. It credits everyone listed above.
@misc{e2er-c46711b0dc073e96,
title = {E2ER dossier for "No Cash Flows, New Owners: Spot Bitcoin ETFs and the Origins of Co-movement"},
author = {{E2ER}},
year = {2026},
howpublished = {\url{https://e2er.org/d/c46711b0dc073e96}},
note = {Workflow, templates, specialists, skills, connectors and models used, pinned by content hash. Dossier sha256:c46711b0dc073e9649d1ca81458e8a1961028c75e7e19b14fac8f5bce6d5ed2d}
}