The rate of circulation matters when an electric element is being used to make sure it remains covered. Too fast of a flow rate could drain the vessel in which the element is located, inadvertently causing a dry fire failure of the element. This can happen in any recirculation setting, including a BIAB, if the suspended bag is draining more slowly than the recirculation from below is pumping back into it...
I just adjust the valve to a slightly cracked open position and have no problems.