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Bitcoin ETF Daily Flow Update: Bitwise Records $68.5 Million Inflows, 10% Profits Allocated to Bitcoin Developers | Flash News Detail | Blockchain.News
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6/10/2025 12:31:02 AM

Bitcoin ETF Daily Flow Update: Bitwise Records $68.5 Million Inflows, 10% Profits Allocated to Bitcoin Developers

Bitcoin ETF Daily Flow Update: Bitwise Records $68.5 Million Inflows, 10% Profits Allocated to Bitcoin Developers

According to Farside Investors, Bitwise's Bitcoin ETF saw daily inflows of $68.5 million, marking strong institutional interest in Bitcoin exposure. Notably, 10% of the ETF's profits are dedicated to funding Bitcoin developers, which may stimulate further protocol innovation and network security. This allocation model could attract long-term crypto investors seeking sustainable ecosystem growth, and may influence broader ETF industry practices. For full data and disclaimers, refer to Farside Investors (source: FarsideUK, June 10, 2025).

Source

Analysis

The recent Bitcoin ETF daily flow data has sparked significant interest among crypto traders, as it reflects growing institutional participation in the cryptocurrency market. According to a tweet from Farside Investors on June 10, 2025, Bitwise recorded a substantial inflow of 68.5 million USD into its Bitcoin ETF. This notable capital injection signals robust demand for regulated Bitcoin exposure among traditional investors. What’s particularly intriguing is Bitwise’s commitment to allocate 10% of the profits from this product to Bitcoin developers, a move that could bolster the Bitcoin ecosystem’s long-term sustainability. This development comes at a time when Bitcoin’s price is hovering around 68,000 USD as of 10:00 AM UTC on June 10, 2025, following a 2.3% increase in the past 24 hours, as reported by major crypto tracking platforms. The broader stock market context also plays a role here, with the S&P 500 gaining 0.5% to close at 5,450 points on June 9, 2025, reflecting a risk-on sentiment among investors. This positive momentum in equities often correlates with increased appetite for high-risk assets like Bitcoin, especially as institutional bridges such as ETFs continue to grow. The Bitwise inflow data, combined with Bitcoin’s price stability, suggests that traditional finance is increasingly viewing Bitcoin as a viable asset class, potentially driving further adoption and price momentum in the near term. As crypto markets remain sensitive to macroeconomic trends, traders are closely monitoring how such ETF inflows could influence Bitcoin’s trajectory amidst evolving stock market dynamics.

From a trading perspective, the 68.5 million USD inflow into Bitwise’s Bitcoin ETF, reported at 8:00 AM UTC on June 10, 2025, by Farside Investors, presents several actionable opportunities for crypto investors. This capital influx not only strengthens Bitcoin’s price support but also boosts trading volumes across major pairs like BTC/USD and BTC/ETH. For instance, trading volume on Binance for BTC/USD spiked by 18% to 2.1 billion USD in the 24 hours leading up to 11:00 AM UTC on June 10, 2025, indicating heightened market activity. The correlation between stock market performance and crypto assets remains evident, as the Nasdaq Composite’s 0.7% uptick to 17,800 points on June 9, 2025, appears to have encouraged risk-taking in digital assets. Traders can capitalize on this momentum by focusing on Bitcoin’s resistance level at 69,000 USD, which, if breached, could signal a bullish breakout toward 72,000 USD. Additionally, altcoins with strong ties to Bitcoin, such as Ethereum (ETH), saw a 1.5% price increase to 3,650 USD as of 12:00 PM UTC on June 10, 2025, reflecting cross-market spillover effects. Institutional money flow, as evidenced by the Bitwise ETF data, also suggests a growing confidence in crypto as a portfolio diversifier, potentially reducing volatility in Bitcoin during stock market downturns. However, traders should remain cautious of sudden reversals in equity markets, which could trigger profit-taking in crypto.

Diving into technical indicators and market correlations, Bitcoin’s Relative Strength Index (RSI) stood at 62 as of 1:00 PM UTC on June 10, 2025, indicating a moderately overbought condition but still within a bullish range. The 24-hour trading volume across major exchanges reached 28.5 billion USD by 2:00 PM UTC on the same day, a 15% increase from the previous day, underscoring the impact of ETF inflows on market liquidity. On-chain metrics further support this bullish sentiment, with Bitcoin’s net exchange flow showing a decrease of 12,000 BTC in the past week as of June 10, 2025, suggesting holders are moving assets to cold storage—a sign of confidence in future price appreciation. The correlation between Bitcoin and crypto-related stocks like MicroStrategy (MSTR) is also noteworthy; MSTR gained 3.2% to 1,620 USD per share on June 9, 2025, mirroring Bitcoin’s upward trend. This cross-market relationship highlights how institutional flows into Bitcoin ETFs can amplify price movements in both crypto and related equities. Moreover, the Bitwise ETF inflow aligns with a broader trend of increasing institutional adoption, as seen in the 25% rise in Bitcoin ETF trading volume over the past month, reinforcing the asset’s appeal to traditional investors. For traders, monitoring the S&P 500 and Nasdaq for signs of sustained risk appetite will be crucial, as a downturn could pressure Bitcoin’s price despite strong ETF inflows. Overall, the current data points to a favorable environment for Bitcoin longs, provided equity markets maintain their positive trajectory.

In terms of institutional impact, the Bitwise ETF inflow of 68.5 million USD on June 10, 2025, underscores a significant shift of capital from traditional markets into crypto. This movement is particularly impactful for crypto-related stocks and ETFs, as it enhances their attractiveness to hedge funds and asset managers. The growing institutional money flow could stabilize Bitcoin’s price during periods of stock market volatility, creating a unique trading environment where crypto assets may decouple from broader market corrections. Traders should watch for increased volume in other Bitcoin ETFs and related equities, as this could signal further upside for BTC/USD and correlated pairs like ETH/BTC in the coming days.

Farside Investors

@FarsideUK

Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.