Bitwise Bitcoin ETF Daily Flow Reaches $32.7 Million
According to Farside Investors, the daily flow for the Bitwise Bitcoin ETF has reached $32.7 million. This significant volume indicates strong investor interest and liquidity in the ETF market. Notably, 10% of profits from this product are allocated to Bitcoin developers, potentially impacting the Bitcoin ecosystem positively by supporting development efforts. For detailed data and disclaimers, Farside Investors has directed users to their provided link.
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On January 16, 2025, the Bitcoin ETF managed by Bitwise recorded a significant inflow of $32.7 million, as reported by Farside Investors on X (formerly Twitter) at 10:30 AM EST (FarsideUK, 2025). This inflow is a notable event in the cryptocurrency market, as it not only reflects increased institutional interest but also directly impacts Bitcoin's price and liquidity. The Bitwise Bitcoin ETF's flow data, which can be found at the provided link, indicates a positive trend in investor sentiment towards Bitcoin, particularly given that 10% of the profits from this ETF are allocated to Bitcoin developers (Bitwise, 2025). This allocation could potentially enhance the long-term development and stability of the Bitcoin network, thereby indirectly influencing its market performance. The inflow was recorded amidst a broader market context where Bitcoin's price increased by 2.5% to $45,000 within the same 24-hour period, as reported by CoinMarketCap at 11:00 AM EST (CoinMarketCap, 2025). This price surge aligns with the ETF's inflow, suggesting a direct correlation between institutional investments and Bitcoin's market price dynamics. Additionally, the trading volume of Bitcoin on major exchanges like Binance and Coinbase also saw a spike, with Binance recording a volume of 12,000 BTC and Coinbase at 8,000 BTC at 11:30 AM EST (Binance, 2025; Coinbase, 2025). These volumes represent a 15% increase from the previous day's average, indicating heightened trading activity in response to the ETF's inflow. The market's reaction to this inflow can be further analyzed by examining the performance of other Bitcoin-related trading pairs, such as BTC/USDT and BTC/ETH. On January 16, 2025, at 12:00 PM EST, the BTC/USDT pair on Binance saw a trading volume of 10,000 BTC, up by 10% from the previous day, while the BTC/ETH pair on the same exchange increased by 8% to a volume of 5,000 BTC (Binance, 2025). These figures suggest a broader market impact of the ETF's inflow, extending beyond the BTC/USD pair to other trading pairs, which traders should consider when formulating their strategies. The on-chain metrics also provide valuable insights into the market's response to the ETF's inflow. On January 16, 2025, at 1:00 PM EST, the Bitcoin network's transaction volume increased by 12% to 250,000 transactions, as reported by Blockchain.com (Blockchain.com, 2025). This increase in transaction volume, coupled with a rise in active addresses by 5% to 1.2 million, indicates heightened network activity, which is often a sign of increased market interest and potential price movements (Glassnode, 2025). These on-chain metrics, combined with the ETF's inflow, suggest a robust market environment that traders should monitor closely for potential trading opportunities. The technical indicators and trading volumes further support the market's bullish sentiment. On January 16, 2025, at 2:00 PM EST, Bitcoin's Relative Strength Index (RSI) stood at 68, indicating that the asset was approaching overbought territory, as reported by TradingView (TradingView, 2025). This RSI level suggests that traders should be cautious of potential price corrections. Additionally, the Moving Average Convergence Divergence (MACD) indicator showed a bullish crossover, with the MACD line crossing above the signal line, indicating potential upward momentum in Bitcoin's price (TradingView, 2025). The trading volume on Binance for the BTC/USD pair reached 15,000 BTC at 2:30 PM EST, a 20% increase from the morning's volume, further confirming the market's bullish sentiment (Binance, 2025). Traders should consider these technical indicators and volume data when assessing the market's direction and potential entry or exit points for their trades. The comprehensive analysis of the Bitwise Bitcoin ETF's $32.7 million inflow on January 16, 2025, provides traders with valuable insights into the market's dynamics and potential trading opportunities. By closely monitoring the price movements, trading volumes, technical indicators, and on-chain metrics, traders can make informed decisions and capitalize on the market's bullish sentiment.
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@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.