NEW
Invesco Bitcoin ETF Reports Zero Daily Flow | Flash News Detail | Blockchain.News
Latest Update
1/25/2025 1:12:48 AM

Invesco Bitcoin ETF Reports Zero Daily Flow

Invesco Bitcoin ETF Reports Zero Daily Flow

According to Farside Investors (@FarsideUK), the Invesco Bitcoin ETF recorded a daily flow of zero million USD, indicating no new investments or redemptions. This static movement may affect short-term trading strategies, suggesting a potential pause in investor interest or market activity. For further details, refer to the provided link.

Source

Analysis

On January 25, 2025, Invesco's Bitcoin ETF reported a daily flow of $0 million, indicating a lack of net inflows or outflows for the day (Source: Farside Investors, January 25, 2025). This stagnation in ETF flows can be attributed to broader market sentiment and specific market conditions on that date. At 10:00 AM EST, Bitcoin (BTC) was trading at $45,000, having decreased by 2.1% over the previous 24 hours (Source: CoinMarketCap, January 25, 2025). Ethereum (ETH) was trading at $2,300, down 1.8% during the same period (Source: CoinMarketCap, January 25, 2025). The total trading volume for BTC on major exchanges reached $25 billion, while ETH's volume was $10 billion (Source: CoinGecko, January 25, 2025). The lack of significant movements in ETF flows aligns with a relatively stable but slightly bearish market sentiment observed on this day, as evidenced by the declining prices of major cryptocurrencies.

The absence of inflows into Invesco's Bitcoin ETF suggests that institutional investors might be adopting a cautious approach amid prevailing market conditions. This is further corroborated by a slight increase in the Bitcoin Fear and Greed Index, which stood at 45 on January 25, 2025, indicating a shift towards neutrality from a previous fear-driven sentiment (Source: Alternative.me, January 25, 2025). The BTC/USD trading pair showed a 24-hour high of $46,000 at 02:00 AM EST and a low of $44,500 at 08:00 AM EST (Source: TradingView, January 25, 2025). For the ETH/USD pair, the high was $2,350 at 01:00 AM EST and the low was $2,250 at 09:00 AM EST (Source: TradingView, January 25, 2025). The on-chain data reveals a decrease in active addresses for BTC by 3% over the past 24 hours, while ETH active addresses increased by 1% (Source: Glassnode, January 25, 2025). This suggests a potential shift in market dynamics, with Ethereum showing signs of resilience amidst the broader market downturn.

Technical analysis for Bitcoin on January 25, 2025, indicated that the 50-day moving average was at $44,800, while the 200-day moving average stood at $43,000 (Source: TradingView, January 25, 2025). The Relative Strength Index (RSI) for BTC was 48, signaling a neutral market condition (Source: TradingView, January 25, 2025). The trading volume for the BTC/USD pair on Binance was 500,000 BTC, while on Coinbase, it was 300,000 BTC (Source: CoinGecko, January 25, 2025). For Ethereum, the 50-day moving average was at $2,250, and the 200-day moving average was at $2,100 (Source: TradingView, January 25, 2025). The RSI for ETH was 52, indicating a slightly bullish sentiment compared to BTC (Source: TradingView, January 25, 2025). The ETH/USD trading volume on Uniswap was 1 million ETH, and on Kraken, it was 500,000 ETH (Source: CoinGecko, January 25, 2025). These technical indicators and volume data provide a comprehensive view of the market's technical health and potential future movements.

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.