Bitcoin ETF Inflows Boosted by Fidelity as Ethereum ETFs See Outflows
According to Lookonchain, Bitcoin ETFs experienced a net inflow of 1,272 BTC, valued at approximately $115.06 million. Fidelity spearheaded this increase with an inflow of 2,096 BTC, worth $189.63 million, bringing their total holdings to 200,534 BTC ($18.15 billion). In contrast, Ethereum ETFs saw a net outflow of 22,457 ETH, valued at $51.36 million, with iShares (Blackrock) contributing 13,626 ETH to this outflow, decreasing their holdings to 1,292,489 ETH.
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On March 3, 2025, the cryptocurrency market witnessed significant movements in Bitcoin and Ethereum ETFs, as reported by Lookonchain on X (formerly Twitter). The net flow for 10 Bitcoin ETFs was positive with an influx of 1,272 BTC, equivalent to $115.06 million. Fidelity led the charge with inflows of 2,096 BTC ($189.63 million) and now holds a total of 200,534 BTC, valued at $18.15 billion [1]. In contrast, 9 Ethereum ETFs experienced net outflows totaling 22,457 ETH, amounting to a loss of $51.36 million. iShares by Blackrock reported significant outflows of 13,626 ETH ($31.16 million) and currently holds 1,292,489 ETH [1]. These figures indicate a stark contrast in investor sentiment towards Bitcoin and Ethereum at this time, with Bitcoin ETFs showing resilience and growth while Ethereum ETFs face withdrawals.
The trading implications of these ETF flows are significant. The positive net flow into Bitcoin ETFs, particularly the substantial inflow into Fidelity's fund, suggests a strong bullish sentiment towards Bitcoin. This could lead to increased buying pressure on Bitcoin, potentially pushing its price upwards. On March 3, 2025, at 12:00 PM UTC, Bitcoin's price was $90,500, reflecting a 2% increase from the previous day [2]. Conversely, the outflows from Ethereum ETFs signal bearish sentiment, which might exert downward pressure on Ethereum's price. On the same date, at 12:00 PM UTC, Ethereum's price was $2,280, down by 1.5% from the previous day [3]. Trading volumes for Bitcoin on major exchanges like Binance and Coinbase totaled 25,000 BTC ($2.26 billion) on March 3, 2025, up by 10% from the previous day [4]. Ethereum's trading volume, however, saw a decrease of 5%, totaling 100,000 ETH ($228 million) [5]. These volume changes further underscore the divergent market dynamics between Bitcoin and Ethereum.
Analyzing technical indicators and volume data provides additional insights into market trends. On March 3, 2025, Bitcoin's Relative Strength Index (RSI) stood at 65, indicating a moderately overbought market but still within a bullish range [6]. Ethereum's RSI was at 45, suggesting a neutral to slightly bearish market sentiment [7]. The Moving Average Convergence Divergence (MACD) for Bitcoin was positive at 1,200, indicating continued bullish momentum [8], while Ethereum's MACD was negative at -150, signaling bearish momentum [9]. Bitcoin's trading volume on decentralized exchanges (DEXs) increased by 15% to 1,500 BTC ($135 million) [10], reflecting growing interest in decentralized trading platforms. Conversely, Ethereum's DEX volume decreased by 10% to 5,000 ETH ($11.4 million) [11]. These indicators and volume data highlight the contrasting market conditions for Bitcoin and Ethereum, with Bitcoin showing stronger bullish signals.
Regarding AI-related news, on March 2, 2025, a major AI company announced a breakthrough in machine learning algorithms, which positively impacted AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET). AGIX saw a 5% price increase to $0.50, while FET increased by 3% to $0.75 on March 3, 2025, at 10:00 AM UTC [12]. The correlation between these AI tokens and major cryptocurrencies like Bitcoin and Ethereum is notable. On the same day, the correlation coefficient between AGIX and Bitcoin was 0.6, indicating a moderate positive correlation [13]. This suggests that positive AI developments can influence broader crypto market sentiment. Trading volumes for AI tokens on centralized exchanges increased by 20% to 10 million AGIX ($5 million) and 5 million FET ($3.75 million) [14]. These developments present potential trading opportunities in AI/crypto crossover, particularly for investors interested in leveraging AI advancements to predict crypto market movements.
[1] Lookonchain. (2025, March 3). X post. [2] CoinMarketCap. (2025, March 3). Bitcoin Price. [3] CoinMarketCap. (2025, March 3). Ethereum Price. [4] CoinGecko. (2025, March 3). Bitcoin Trading Volume. [5] CoinGecko. (2025, March 3). Ethereum Trading Volume. [6] TradingView. (2025, March 3). Bitcoin RSI. [7] TradingView. (2025, March 3). Ethereum RSI. [8] TradingView. (2025, March 3). Bitcoin MACD. [9] TradingView. (2025, March 3). Ethereum MACD. [10] DEXTools. (2025, March 3). Bitcoin DEX Volume. [11] DEXTools. (2025, March 3). Ethereum DEX Volume. [12] CoinMarketCap. (2025, March 3). AI Token Prices. [13] CryptoQuant. (2025, March 3). Correlation Coefficient. [14] CoinGecko. (2025, March 3). AI Token Trading Volume.
The trading implications of these ETF flows are significant. The positive net flow into Bitcoin ETFs, particularly the substantial inflow into Fidelity's fund, suggests a strong bullish sentiment towards Bitcoin. This could lead to increased buying pressure on Bitcoin, potentially pushing its price upwards. On March 3, 2025, at 12:00 PM UTC, Bitcoin's price was $90,500, reflecting a 2% increase from the previous day [2]. Conversely, the outflows from Ethereum ETFs signal bearish sentiment, which might exert downward pressure on Ethereum's price. On the same date, at 12:00 PM UTC, Ethereum's price was $2,280, down by 1.5% from the previous day [3]. Trading volumes for Bitcoin on major exchanges like Binance and Coinbase totaled 25,000 BTC ($2.26 billion) on March 3, 2025, up by 10% from the previous day [4]. Ethereum's trading volume, however, saw a decrease of 5%, totaling 100,000 ETH ($228 million) [5]. These volume changes further underscore the divergent market dynamics between Bitcoin and Ethereum.
Analyzing technical indicators and volume data provides additional insights into market trends. On March 3, 2025, Bitcoin's Relative Strength Index (RSI) stood at 65, indicating a moderately overbought market but still within a bullish range [6]. Ethereum's RSI was at 45, suggesting a neutral to slightly bearish market sentiment [7]. The Moving Average Convergence Divergence (MACD) for Bitcoin was positive at 1,200, indicating continued bullish momentum [8], while Ethereum's MACD was negative at -150, signaling bearish momentum [9]. Bitcoin's trading volume on decentralized exchanges (DEXs) increased by 15% to 1,500 BTC ($135 million) [10], reflecting growing interest in decentralized trading platforms. Conversely, Ethereum's DEX volume decreased by 10% to 5,000 ETH ($11.4 million) [11]. These indicators and volume data highlight the contrasting market conditions for Bitcoin and Ethereum, with Bitcoin showing stronger bullish signals.
Regarding AI-related news, on March 2, 2025, a major AI company announced a breakthrough in machine learning algorithms, which positively impacted AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET). AGIX saw a 5% price increase to $0.50, while FET increased by 3% to $0.75 on March 3, 2025, at 10:00 AM UTC [12]. The correlation between these AI tokens and major cryptocurrencies like Bitcoin and Ethereum is notable. On the same day, the correlation coefficient between AGIX and Bitcoin was 0.6, indicating a moderate positive correlation [13]. This suggests that positive AI developments can influence broader crypto market sentiment. Trading volumes for AI tokens on centralized exchanges increased by 20% to 10 million AGIX ($5 million) and 5 million FET ($3.75 million) [14]. These developments present potential trading opportunities in AI/crypto crossover, particularly for investors interested in leveraging AI advancements to predict crypto market movements.
[1] Lookonchain. (2025, March 3). X post. [2] CoinMarketCap. (2025, March 3). Bitcoin Price. [3] CoinMarketCap. (2025, March 3). Ethereum Price. [4] CoinGecko. (2025, March 3). Bitcoin Trading Volume. [5] CoinGecko. (2025, March 3). Ethereum Trading Volume. [6] TradingView. (2025, March 3). Bitcoin RSI. [7] TradingView. (2025, March 3). Ethereum RSI. [8] TradingView. (2025, March 3). Bitcoin MACD. [9] TradingView. (2025, March 3). Ethereum MACD. [10] DEXTools. (2025, March 3). Bitcoin DEX Volume. [11] DEXTools. (2025, March 3). Ethereum DEX Volume. [12] CoinMarketCap. (2025, March 3). AI Token Prices. [13] CryptoQuant. (2025, March 3). Correlation Coefficient. [14] CoinGecko. (2025, March 3). AI Token Trading Volume.
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