\begin{tabular}{@{}lrrrrr@{}} \toprule Predictive relation & $T$ & Coef.\ (same day) & Wald (HAC) & $p$ & $\Delta R^2$ \\ \midrule BTC Asian (t) $\rightarrow$ ES U.S. (t) & 2574 & $+$0.033 (0.019) & 6.65 & 0.155 & 0.001 \\ BTC European (t) $\rightarrow$ ES U.S. (t) & 2574 & $+$0.040 (0.021) & 4.17 & 0.383 & 0.001 \\ BTC Asian (t) $\rightarrow$ NQ U.S. (t) & 2574 & $+$0.024 (0.019) & 6.29 & 0.179 & 0.001 \\ BTC European (t) $\rightarrow$ NQ U.S. (t) & 2574 & $+$0.036 (0.022) & 3.48 & 0.480 & 0.001 \\ BTC Asian (t) $\rightarrow$ VIX U.S. (t) & 2514 & $+$0.058 (0.021) & 30.92$^{***}$ & 0.000 & 0.007 \\ BTC European (t) $\rightarrow$ VIX U.S. (t) & 2514 & $+$0.056 (0.022) & 28.66$^{***}$ & 0.000 & 0.007 \\ ES U.S. (t$-$1) $\rightarrow$ BTC Asian (t) & 2482 & $+$0.099 (0.021) & 27.70$^{***}$ & 0.000 & 0.003 \\ NQ U.S. (t$-$1) $\rightarrow$ BTC Asian (t) & 2482 & $+$0.086 (0.022) & 20.52$^{***}$ & 0.000 & 0.002 \\ VIX U.S. (t$-$1) $\rightarrow$ BTC Asian (t) & 2242 & $+$0.080 (0.022) & 17.35$^{***}$ & 0.002 & 0.002 \\ ES Asian (t) $\rightarrow$ BTC U.S. (t) & 2492 & $+$0.093 (0.024) & 19.29$^{***}$ & 0.001 & 0.002 \\ ES Asian (t) $\rightarrow$ ES U.S. (t) [own overnight] & 2570 & $+$0.382 (0.028) & 222.28$^{***}$ & 0.000 & 0.046 \\ \bottomrule \end{tabular}