@misc{lim2026_ssrn_6567058,
  author = {Lim, Boon Chuan},
  title = {Liquidity Fragmentation and the Price Impact of ETF Flows: A Model of Cross-Venue Arbitrage in Cryptocurrency Markets},
  year = {2026},
  doi = {10.2139/ssrn.6567058},
  url = {https://doi.org/10.2139/ssrn.6567058},
  note = {Working paper / preprint}
}