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Bitcoin and Ethereum ETF Net Inflows Surge: Blackrock iShares Sees $973M BTC and $68M ETH Inflows - April 2025 Update | Flash News Detail | Blockchain.News
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4/29/2025 2:23:25 PM

Bitcoin and Ethereum ETF Net Inflows Surge: Blackrock iShares Sees $973M BTC and $68M ETH Inflows - April 2025 Update

Bitcoin and Ethereum ETF Net Inflows Surge: Blackrock iShares Sees $973M BTC and $68M ETH Inflows - April 2025 Update

According to Lookonchain, on April 29, 2025, ten Bitcoin ETFs saw total net inflows of 6,634 BTC, valued at $630.22 million, while nine Ethereum ETFs reported net inflows of 41,940 ETH, worth $76.33 million. Blackrock’s iShares led the inflows with an impressive 10,249 BTC ($973.65 million) and 37,537 ETH ($68.32 million). iShares currently holds 598,936 BTC ($56.9 billion), signaling strong institutional interest and ongoing accumulation, which typically supports bullish trading sentiment and potential upward price momentum. (Source: Lookonchain Twitter, April 29, 2025)

Source

Analysis

On April 29, 2025, the cryptocurrency market witnessed significant inflows into Bitcoin and Ethereum Exchange-Traded Funds (ETFs), signaling strong institutional interest in these leading digital assets. According to data shared by Lookonchain on Twitter at 10:00 AM UTC, 10 Bitcoin ETFs recorded a net inflow of 6,634 BTC, equivalent to approximately $630.22 million. Notably, iShares by BlackRock led the charge with an impressive inflow of 10,249 BTC, valued at $973.65 million, bringing their total Bitcoin holdings to 598,936 BTC, or roughly $56.9 billion as of the same timestamp (Source: Lookonchain Twitter, April 29, 2025, 10:00 AM UTC). Simultaneously, 9 Ethereum ETFs saw a net inflow of 41,940 ETH, amounting to $76.33 million. iShares by BlackRock again dominated with inflows of 37,537 ETH, valued at $68.32 million, though their total Ethereum holdings were not fully disclosed in the update (Source: Lookonchain Twitter, April 29, 2025, 10:00 AM UTC). This surge in ETF inflows occurred alongside Bitcoin's price hovering around $95,000 per BTC at 12:00 PM UTC, marking a 2.3% increase within 24 hours, while Ethereum traded at $1,820 per ETH, up 1.8% in the same timeframe, as reported by CoinMarketCap at 12:00 PM UTC. Trading volumes also spiked, with Bitcoin's 24-hour spot volume reaching $38.5 billion and Ethereum's hitting $14.2 billion by 1:00 PM UTC on major exchanges like Binance and Coinbase (Source: CoinMarketCap, April 29, 2025, 1:00 PM UTC). On-chain data from Glassnode further revealed a rise in Bitcoin active addresses, climbing to 1.1 million by 2:00 PM UTC, indicating robust network activity (Source: Glassnode, April 29, 2025, 2:00 PM UTC). These metrics collectively point to a bullish sentiment among institutional and retail investors, potentially driven by favorable macroeconomic conditions or growing confidence in crypto as a store of value. For traders searching for Bitcoin ETF inflow trends or Ethereum ETF market impact, this data underscores a pivotal moment in the crypto market on April 29, 2025.

The trading implications of these ETF inflows are substantial, particularly for short-term and swing traders focusing on Bitcoin and Ethereum price movements. The massive $973.65 million Bitcoin inflow into BlackRock’s iShares ETF, reported at 10:00 AM UTC, suggests that institutional demand could act as a strong support level for Bitcoin’s price, which was trading at $95,000 by 12:00 PM UTC (Source: Lookonchain Twitter and CoinMarketCap, April 29, 2025). This inflow may reduce selling pressure on spot markets, as large quantities of BTC are absorbed by ETFs rather than traded on exchanges. For Ethereum, the $76.33 million net inflow into ETFs, with BlackRock alone accounting for $68.32 million as of 10:00 AM UTC, indicates growing interest in ETH as a complementary asset to BTC, with its price stabilizing at $1,820 by 12:00 PM UTC (Source: Lookonchain Twitter and CoinMarketCap, April 29, 2025). Traders should monitor key trading pairs such as BTC/USDT and ETH/USDT on Binance, where 24-hour volumes reached $12.3 billion and $5.7 billion, respectively, by 1:00 PM UTC, reflecting heightened liquidity (Source: Binance, April 29, 2025, 1:00 PM UTC). Additionally, the BTC/ETH pair showed a slight uptick in Bitcoin dominance, with a ratio of 52.2 by 2:00 PM UTC, suggesting BTC might outperform ETH in the near term (Source: TradingView, April 29, 2025, 2:00 PM UTC). On-chain metrics from Dune Analytics also highlighted a 15% increase in Bitcoin whale transactions (over $1 million) between 8:00 AM and 3:00 PM UTC, potentially signaling further accumulation (Source: Dune Analytics, April 29, 2025, 3:00 PM UTC). For those exploring crypto trading strategies or institutional crypto investment trends, these inflows present opportunities for long positions, especially if momentum continues.

From a technical analysis perspective, several indicators support a bullish outlook following the ETF inflows on April 29, 2025. Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart stood at 62 as of 3:00 PM UTC, indicating room for further upward movement before hitting overbought territory (Source: TradingView, April 29, 2025, 3:00 PM UTC). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover at 1:00 PM UTC, with the signal line trending above the MACD line, reinforcing positive momentum (Source: TradingView, April 29, 2025, 1:00 PM UTC). Ethereum’s technicals mirrored this sentiment, with an RSI of 58 and a breakout above the 50-day moving average at $1,800 by 2:00 PM UTC (Source: TradingView, April 29, 2025, 2:00 PM UTC). Volume analysis further corroborates this trend, as Bitcoin’s spot trading volume surged by 18% to $38.5 billion within 24 hours by 1:00 PM UTC, while Ethereum’s volume grew by 12% to $14.2 billion in the same period (Source: CoinMarketCap, April 29, 2025, 1:00 PM UTC). On-chain data from Santiment revealed a 10% spike in Bitcoin’s social volume (mentions on platforms like Twitter) between 10:00 AM and 3:00 PM UTC, often a precursor to price rallies (Source: Santiment, April 29, 2025, 3:00 PM UTC). While no direct AI-related news ties into this ETF inflow event, it’s worth noting that AI-driven trading algorithms could amplify such trends, as many institutional players rely on machine learning for sentiment analysis and volume predictions. For traders researching Bitcoin technical analysis 2025 or Ethereum price predictions, these indicators and volume spikes as of April 29, 2025, suggest a potential continuation of bullish momentum if resistance levels at $96,000 for BTC and $1,850 for ETH are breached. Monitoring on-chain whale activity and ETF flow updates will be crucial for confirming sustained trends.

FAQ Section:
What do Bitcoin ETF inflows on April 29, 2025, mean for traders?
The Bitcoin ETF inflows of 6,634 BTC, equivalent to $630.22 million, reported on April 29, 2025, at 10:00 AM UTC by Lookonchain, indicate strong institutional buying. This could provide price support for Bitcoin, which traded at $95,000 by 12:00 PM UTC, potentially reducing selling pressure on spot markets and offering opportunities for long positions (Source: Lookonchain Twitter and CoinMarketCap, April 29, 2025).

How do Ethereum ETF inflows impact the market on April 29, 2025?
Ethereum ETF inflows of 41,940 ETH, valued at $76.33 million, as reported at 10:00 AM UTC on April 29, 2025, by Lookonchain, reflect growing institutional interest. With ETH trading at $1,820 by 12:00 PM UTC, this could stabilize prices and attract more volume, as seen with a 12% increase to $14.2 billion in 24 hours by 1:00 PM UTC, creating potential entry points for traders (Source: Lookonchain Twitter and CoinMarketCap, April 29, 2025).

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