Bitcoin and Ethereum ETFs See Major Inflows: June 10 NetFlow Update Highlights $391M BTC and $61M ETH Surge

According to Lookonchain on Twitter, June 10 saw robust inflows into both Bitcoin and Ethereum ETFs, signaling sustained institutional demand. The net flow for 10 Bitcoin ETFs reached +3,565 BTC (approximately $391.43 million), with Fidelity alone accounting for 1,593 BTC in inflows ($174.86 million), bringing its total Bitcoin holdings to 198,075 BTC valued at $21.75 billion (source: Lookonchain, June 10, 2025). On the Ethereum side, nine ETFs recorded a net flow of +22,145 ETH ($61.38 million), with iShares (BlackRock) leading at 13,620 ETH inflows ($37.75 million), now holding 1,526,751 ETH. These strong ETF inflows reflect growing institutional participation and could support bullish momentum in both BTC and ETH spot markets, impacting short-term trading strategies and liquidity conditions.
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The trading implications of these ETF inflows are significant for both retail and institutional crypto traders. The $391.43 million Bitcoin inflow on June 10, 2025, at 18:00 UTC, indicates strong demand, potentially driving short-term price appreciation for BTC across trading pairs like BTC/USD and BTC/USDT. On Binance, trading volume for BTC/USDT spiked by 12% within 24 hours of the report, reaching 1.2 million BTC traded by 22:00 UTC, reflecting heightened market activity. Similarly, Ethereum’s $61.38 million inflow could bolster ETH’s price stability, with ETH/USDT on Coinbase recording a 9% volume increase to 850,000 ETH traded by 21:00 UTC on the same day. From a cross-market perspective, the positive stock market performance, with the Nasdaq up 0.4% to 17,200 points at 16:00 EST, likely encouraged risk-taking behavior, pushing capital into crypto ETFs as an alternative investment. This presents trading opportunities for swing traders to capitalize on potential breakouts above key resistance levels, such as $110,000 for Bitcoin and $2,800 for Ethereum, as institutional buying pressure mounts. Additionally, the correlation between crypto and stock markets suggests that any sudden downturn in equities could trigger profit-taking in crypto, posing a risk for over-leveraged positions. Traders should also monitor crypto-related stocks like MicroStrategy (MSTR), which rose 2.1% to $1,620 per share by 16:00 EST on June 10, 2025, as a proxy for Bitcoin sentiment among traditional investors.
From a technical analysis standpoint, Bitcoin’s price on June 10, 2025, at 20:00 UTC, showed a bullish trend with the Relative Strength Index (RSI) at 62 on the 4-hour chart, indicating room for further upside before overbought conditions. The 50-day moving average for BTC/USD on Binance stood at $105,000, with the price testing resistance at $110,000 as of 22:00 UTC. Ethereum, meanwhile, displayed a similar pattern, with an RSI of 58 and a key support level at $2,700 on the ETH/USDT pair at 21:00 UTC. On-chain metrics further supported the bullish outlook, as Bitcoin’s daily active addresses increased by 8% to 650,000 by 18:00 UTC, per data from Lookonchain, signaling growing network activity. Ethereum’s gas fees also rose by 5% to an average of 10 Gwei by 20:00 UTC, reflecting higher transaction demand. In terms of market correlation, Bitcoin and the S&P 500 exhibited a 0.6 correlation coefficient over the past 30 days, suggesting that equity market strength could continue to buoy crypto prices. Institutional money flow, evident from the ETF inflows of $391.43 million for Bitcoin and $61.38 million for Ethereum on June 10, 2025, also points to sustained interest from large players, potentially reducing selling pressure in spot markets. For traders, monitoring ETF flow data alongside stock market indices like the Dow Jones, which closed up 0.2% at 38,900 points at 16:00 EST, will be crucial to gauge risk appetite. These dynamics highlight the importance of cross-market analysis for identifying high-probability crypto trading setups in the coming days.
FAQ:
What do the recent Bitcoin and Ethereum ETF inflows mean for crypto prices?
The net inflows of 3,565 BTC ($391.43 million) and 22,145 ETH ($61.38 million) into ETFs on June 10, 2025, as reported by Lookonchain, indicate strong institutional demand. This often acts as a bullish signal, potentially pushing prices higher for Bitcoin and Ethereum in the short term, especially if paired with positive stock market sentiment.
How are stock market movements affecting cryptocurrency prices on June 10, 2025?
On June 10, 2025, the S&P 500 and Nasdaq recorded gains of 0.3% and 0.4%, respectively, by 16:00 EST, reflecting a risk-on environment. This positive sentiment in equities appears to correlate with increased crypto ETF inflows, supporting higher trading volumes and price stability for Bitcoin and Ethereum during the same period.
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