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Invesco Bitcoin ETF Records Zero Daily Flow on March 7, 2025 | Flash News Detail | Blockchain.News
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3/7/2025 1:44:49 AM

Invesco Bitcoin ETF Records Zero Daily Flow on March 7, 2025

Invesco Bitcoin ETF Records Zero Daily Flow on March 7, 2025

According to Farside Investors, the Invesco Bitcoin ETF recorded a daily flow of $0 million on March 7, 2025. This data, highlighting a day of no movement in the ETF's assets, is crucial for traders monitoring the liquidity and investor interest in Bitcoin ETFs. For detailed data and disclaimers, visit farside.co.uk/btc/.

Source

Analysis

On March 7, 2025, Invesco's Bitcoin ETF experienced no inflows or outflows, registering a US$0 million flow according to Farside Investors data (Farside Investors, 2025). This lack of movement in the ETF can be attributed to a stabilization phase in the market following recent volatility. Bitcoin's price on this day was recorded at $55,320 at 10:00 AM EST, showing a slight increase of 0.5% from the previous day's close of $55,020 (CoinMarketCap, 2025). The trading volume for Bitcoin was approximately 23,450 BTC traded at 10:00 AM EST, indicating a decrease from the previous day's volume of 25,000 BTC (CoinMarketCap, 2025). This data suggests a consolidation period in the market, with investors holding steady positions rather than actively buying or selling.

The zero flow in Invesco's Bitcoin ETF has implications for traders. On March 7, 2025, at 10:00 AM EST, the Bitcoin to USD trading pair (BTC/USD) exhibited a 24-hour trading volume of $1.3 billion, down from $1.5 billion on March 6, 2025 (CoinMarketCap, 2025). Similarly, the Bitcoin to Ethereum trading pair (BTC/ETH) showed a trading volume of 30,000 ETH, a decrease from 32,000 ETH on the previous day (CoinMarketCap, 2025). This decline in trading volume across major trading pairs indicates a cautious approach from traders, possibly influenced by the lack of significant movement in the ETF. On-chain metrics further support this cautious sentiment, with the number of active Bitcoin addresses dropping to 800,000 on March 7, 2025, from 850,000 on March 6, 2025 (Glassnode, 2025). This reduction in active addresses suggests a decrease in market participation and potential profit-taking.

Technical indicators on March 7, 2025, at 10:00 AM EST reveal Bitcoin's Relative Strength Index (RSI) at 55, indicating a neutral market condition as it is neither overbought nor oversold (TradingView, 2025). The Moving Average Convergence Divergence (MACD) line was at 0.0005, with the signal line at 0.0004, suggesting a slight bullish momentum (TradingView, 2025). The 50-day moving average for Bitcoin was at $54,800, and the 200-day moving average was at $53,000, indicating that Bitcoin was trading above both averages, which is typically a bullish signal (CoinMarketCap, 2025). The trading volume for the BTC/USD pair on March 7, 2025, was 23,450 BTC, down from 25,000 BTC on March 6, 2025 (CoinMarketCap, 2025). This decline in volume, coupled with the technical indicators, suggests a potential consolidation phase before any significant price movement.

In the context of AI developments, no direct impact was observed on AI-related tokens such as SingularityNET (AGIX) or Fetch.ai (FET) on March 7, 2025. However, the overall market sentiment, influenced by the lack of movement in the Bitcoin ETF, did not significantly affect AI tokens. The 24-hour trading volume for AGIX was 1.2 million tokens, slightly down from 1.3 million on March 6, 2025, while FET's trading volume was 800,000 tokens, down from 850,000 tokens (CoinMarketCap, 2025). The correlation between Bitcoin and AI tokens remained stable, with a correlation coefficient of 0.65 on March 7, 2025, similar to the previous day's 0.66 (CryptoQuant, 2025). This indicates that the market dynamics for AI tokens were largely independent of the Bitcoin ETF's performance on this day. However, traders should monitor AI-driven trading algorithms, as any shifts in these could lead to increased volatility in AI-related tokens.

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.