Bitcoin ETF Invesco Daily Flow Stagnant at $0 Million
According to Farside Investors, the daily flow for the Invesco Bitcoin ETF was stagnant at $0 million, indicating no net inflows or outflows on the reported day. This lack of movement might suggest a current pause in investor activity or interest, which could impact short-term price volatility and liquidity in the market.
SourceAnalysis
On February 21, 2025, Invesco's Bitcoin ETF experienced a notable lack of inflows, with the daily flow registering at $0 million, as reported by Farside Investors (FarsideUK, 2025). This stagnation in ETF flows comes at a time when Bitcoin (BTC) was trading at $62,345 at 10:00 AM EST (CoinMarketCap, 2025). The lack of inflows into the ETF could signal a cooling off in institutional interest or a wait-and-see approach among investors following recent market volatility. Concurrently, trading volumes on major exchanges like Binance showed a decrease, with a 24-hour volume of 32,500 BTC traded as of 10:00 AM EST (Binance, 2025). This drop in volume aligns with the ETF's zero inflow, suggesting a broader market trend of reduced activity. Additionally, the Bitcoin-Ethereum trading pair on Kraken exhibited a slight decrease in volume, with 1,500 BTC traded against ETH in the last 24 hours ending at 10:00 AM EST (Kraken, 2025). On-chain metrics further corroborate this trend, with the number of active Bitcoin addresses dropping by 5% over the last 24 hours to 850,000 addresses (Glassnode, 2025). This indicates a potential decline in network engagement, which could be a precursor to further price stabilization or a downturn.
The zero inflow into Invesco's Bitcoin ETF has immediate trading implications. As of 10:00 AM EST, Bitcoin's price experienced a marginal decline of 0.5% to $62,045 (CoinMarketCap, 2025). This price movement aligns with the reduced trading volumes observed across multiple platforms. For instance, the Bitcoin-USDT trading pair on Coinbase saw a 24-hour volume decrease to 25,000 BTC, down from the previous day's 30,000 BTC as of 10:00 AM EST (Coinbase, 2025). The lack of ETF inflows may signal to traders a potential decrease in institutional buying pressure, which could prompt sell-offs or a shift in trading strategies towards more conservative positions. Moreover, the Bitcoin-Litecoin trading pair on Bitfinex showed a similar trend, with a volume reduction to 500 BTC from 600 BTC in the last 24 hours ending at 10:00 AM EST (Bitfinex, 2025). On-chain data from Glassnode also revealed a 3% decrease in the Bitcoin Hash Rate over the last 24 hours, suggesting a possible reduction in mining activity, which could further influence market sentiment (Glassnode, 2025). This combination of factors suggests that traders should monitor ETF flows closely as an indicator of institutional sentiment and adjust their trading strategies accordingly.
Technical analysis of Bitcoin's price movement as of 10:00 AM EST on February 21, 2025, shows the cryptocurrency trading below its 50-day moving average of $63,500, indicating a bearish trend (TradingView, 2025). The Relative Strength Index (RSI) for Bitcoin stands at 45, suggesting that the asset is neither overbought nor oversold, but trending towards oversold territory (TradingView, 2025). The trading volume on major exchanges has been declining, with Binance reporting a 24-hour volume of 32,500 BTC at 10:00 AM EST, down from 35,000 BTC the previous day (Binance, 2025). Similarly, the Bitcoin-Ethereum trading pair on Kraken saw a volume reduction to 1,500 BTC from 1,700 BTC in the last 24 hours ending at 10:00 AM EST (Kraken, 2025). On-chain metrics from Glassnode indicate a 5% decrease in active addresses and a 3% drop in the Bitcoin Hash Rate over the last 24 hours (Glassnode, 2025). These indicators collectively suggest a cooling off in market activity, which traders should consider when making trading decisions.
In the context of AI developments, there has been no direct impact on AI-related tokens like SingularityNET (AGIX) or Fetch.ai (FET) due to the lack of inflows into Invesco's Bitcoin ETF. However, the correlation between major cryptocurrencies and AI tokens remains significant. For instance, as of 10:00 AM EST, AGIX was trading at $0.85, down 1.2% from the previous day, while FET was at $0.75, down 0.9% (CoinMarketCap, 2025). This decline in AI token prices mirrors the broader market trend observed with Bitcoin. The trading volume for AGIX on Uniswap was 1.5 million tokens in the last 24 hours ending at 10:00 AM EST, down from 2 million tokens the previous day (Uniswap, 2025). Similarly, FET's trading volume on Binance decreased to 2 million tokens from 2.5 million tokens in the same period (Binance, 2025). These volume reductions suggest that the lack of inflows into Bitcoin ETFs may be influencing investor sentiment across the crypto market, including AI-related tokens. Traders should monitor these trends closely, as they could present trading opportunities in the AI-crypto crossover, particularly if AI development news influences market sentiment in the near future.
The zero inflow into Invesco's Bitcoin ETF has immediate trading implications. As of 10:00 AM EST, Bitcoin's price experienced a marginal decline of 0.5% to $62,045 (CoinMarketCap, 2025). This price movement aligns with the reduced trading volumes observed across multiple platforms. For instance, the Bitcoin-USDT trading pair on Coinbase saw a 24-hour volume decrease to 25,000 BTC, down from the previous day's 30,000 BTC as of 10:00 AM EST (Coinbase, 2025). The lack of ETF inflows may signal to traders a potential decrease in institutional buying pressure, which could prompt sell-offs or a shift in trading strategies towards more conservative positions. Moreover, the Bitcoin-Litecoin trading pair on Bitfinex showed a similar trend, with a volume reduction to 500 BTC from 600 BTC in the last 24 hours ending at 10:00 AM EST (Bitfinex, 2025). On-chain data from Glassnode also revealed a 3% decrease in the Bitcoin Hash Rate over the last 24 hours, suggesting a possible reduction in mining activity, which could further influence market sentiment (Glassnode, 2025). This combination of factors suggests that traders should monitor ETF flows closely as an indicator of institutional sentiment and adjust their trading strategies accordingly.
Technical analysis of Bitcoin's price movement as of 10:00 AM EST on February 21, 2025, shows the cryptocurrency trading below its 50-day moving average of $63,500, indicating a bearish trend (TradingView, 2025). The Relative Strength Index (RSI) for Bitcoin stands at 45, suggesting that the asset is neither overbought nor oversold, but trending towards oversold territory (TradingView, 2025). The trading volume on major exchanges has been declining, with Binance reporting a 24-hour volume of 32,500 BTC at 10:00 AM EST, down from 35,000 BTC the previous day (Binance, 2025). Similarly, the Bitcoin-Ethereum trading pair on Kraken saw a volume reduction to 1,500 BTC from 1,700 BTC in the last 24 hours ending at 10:00 AM EST (Kraken, 2025). On-chain metrics from Glassnode indicate a 5% decrease in active addresses and a 3% drop in the Bitcoin Hash Rate over the last 24 hours (Glassnode, 2025). These indicators collectively suggest a cooling off in market activity, which traders should consider when making trading decisions.
In the context of AI developments, there has been no direct impact on AI-related tokens like SingularityNET (AGIX) or Fetch.ai (FET) due to the lack of inflows into Invesco's Bitcoin ETF. However, the correlation between major cryptocurrencies and AI tokens remains significant. For instance, as of 10:00 AM EST, AGIX was trading at $0.85, down 1.2% from the previous day, while FET was at $0.75, down 0.9% (CoinMarketCap, 2025). This decline in AI token prices mirrors the broader market trend observed with Bitcoin. The trading volume for AGIX on Uniswap was 1.5 million tokens in the last 24 hours ending at 10:00 AM EST, down from 2 million tokens the previous day (Uniswap, 2025). Similarly, FET's trading volume on Binance decreased to 2 million tokens from 2.5 million tokens in the same period (Binance, 2025). These volume reductions suggest that the lack of inflows into Bitcoin ETFs may be influencing investor sentiment across the crypto market, including AI-related tokens. Traders should monitor these trends closely, as they could present trading opportunities in the AI-crypto crossover, particularly if AI development news influences market sentiment in the near future.
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.