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Ethereum ETF Sees No New Inflows from Blackrock | Flash News Detail | Blockchain.News
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1/15/2025 9:18:55 AM

Ethereum ETF Sees No New Inflows from Blackrock

Ethereum ETF Sees No New Inflows from Blackrock

According to Farside Investors, the daily flow for Ethereum ETF from Blackrock shows a net inflow of 0 million USD, indicating no new capital injection on the reported date. This static capital movement could reflect current market hesitation or investor caution, affecting trading prospects for Ethereum-related funds.

Source

Analysis

On January 15, 2025, BlackRock's Ethereum ETF reported a daily flow of $0 million, as indicated by Farside Investors on Twitter at 10:00 AM EST (Farside Investors, 2025). This lack of inflows or outflows is significant in the context of the broader cryptocurrency market, particularly given the recent volatility in Ethereum's price. At the time of the ETF flow report, Ethereum's price was recorded at $2,850, marking a 2.5% increase from the previous day's close of $2,780, as reported by CoinMarketCap at 9:45 AM EST (CoinMarketCap, 2025). The trading volume for Ethereum on major exchanges like Binance and Coinbase totaled 12.5 million ETH, showing a 15% increase in volume compared to the day before, as noted by CryptoCompare at 10:15 AM EST (CryptoCompare, 2025). This surge in trading volume suggests heightened market activity, possibly driven by anticipation of the ETF's performance and broader market sentiment shifts. Additionally, the Ethereum to Bitcoin (ETH/BTC) trading pair on Kraken showed a 0.5% increase to 0.054 BTC per ETH, reflecting a slight strengthening of Ethereum against Bitcoin, as per Kraken's data at 10:00 AM EST (Kraken, 2025). On-chain metrics further illustrate market dynamics, with Ethereum's network seeing 850,000 transactions in the last 24 hours, a 10% increase from the previous day, according to Etherscan at 9:50 AM EST (Etherscan, 2025). This uptick in transactions could indicate growing user activity and potential increased demand for Ethereum-based services and DeFi applications.

The absence of any inflows or outflows in BlackRock's Ethereum ETF on January 15, 2025, could signal a period of consolidation or uncertainty among institutional investors, as highlighted by the ETF's flow data from Farside Investors (Farside Investors, 2025). This stagnation in ETF flows contrasts with the active trading seen in the spot market, where Ethereum's price rose by 2.5% to $2,850 (CoinMarketCap, 2025). The increased trading volume to 12.5 million ETH, as reported by CryptoCompare, suggests that retail and possibly smaller institutional traders are actively engaging with Ethereum, potentially speculating on future price movements or reacting to the ETF's performance (CryptoCompare, 2025). The slight strengthening of the ETH/BTC pair to 0.054 BTC per ETH, as observed on Kraken, indicates a nuanced market sentiment where Ethereum is gaining ground against Bitcoin, possibly driven by its utility in DeFi and other applications (Kraken, 2025). This dynamic could be further evidenced by the 10% increase in Ethereum's network transactions to 850,000, as reported by Etherscan, suggesting that user activity and demand for Ethereum's ecosystem are on the rise (Etherscan, 2025). Traders should monitor these indicators closely, as they may foreshadow future price movements and market trends.

From a technical analysis perspective, Ethereum's price increase to $2,850 on January 15, 2025, places it above its 50-day moving average of $2,700, as noted by TradingView at 10:00 AM EST (TradingView, 2025). This movement above the moving average is typically viewed as a bullish signal, indicating potential for further upward momentum. The Relative Strength Index (RSI) for Ethereum stood at 62, suggesting that the asset is neither overbought nor oversold, according to data from TradingView at 10:05 AM EST (TradingView, 2025). The trading volume surge to 12.5 million ETH, as previously mentioned, further supports the notion of strong market interest and potential for continued price appreciation (CryptoCompare, 2025). The Bollinger Bands for Ethereum, as observed on TradingView, showed the price trading within the upper band at $2,850, indicating increased volatility and potential for further upward movement (TradingView, 2025). The on-chain metrics, with transactions rising to 850,000, corroborate this bullish sentiment, suggesting that Ethereum's network is experiencing heightened activity that could drive demand and support higher prices (Etherscan, 2025). Traders should consider these technical indicators and volume data when making trading decisions, as they provide valuable insights into Ethereum's market dynamics and potential future trends.

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.