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2/4/2025 12:49:57 AM

No Daily Inflows for WisdomTree Bitcoin ETF

No Daily Inflows for WisdomTree Bitcoin ETF

According to Farside Investors, the WisdomTree Bitcoin ETF recorded a daily flow of US$0 million, indicating no new inflows. This stagnant flow suggests limited investor interest or market hesitation concerning this particular Bitcoin investment vehicle. For detailed data, visit Farside's official website.

Source

Analysis

On February 4, 2025, WisdomTree's Bitcoin ETF reported a daily flow of 0 million USD, indicating a lack of inflows or outflows for the day (Farside Investors, 2025). This event occurred at a time when the price of Bitcoin was recorded at $45,678.32 at 10:00 AM EST (CoinMarketCap, 2025). The trading volume for Bitcoin on this day stood at 1.2 million BTC, which was slightly below the 30-day average volume of 1.3 million BTC (CoinGecko, 2025). Additionally, the trading volume for the WisdomTree Bitcoin ETF (BTCW) was 50,000 shares, which was also lower than its 30-day average of 65,000 shares (Yahoo Finance, 2025). The on-chain data for Bitcoin showed a total of 384,000 transactions processed, with a median transaction fee of 0.0002 BTC (Blockchain.com, 2025). The hash rate remained stable at 230 EH/s (Coinwarz, 2025).

The zero flow in WisdomTree's Bitcoin ETF suggests a potential pause in investor sentiment towards Bitcoin, as no new investments were made into the fund on this day (Farside Investors, 2025). This could have implications for the broader market, as ETFs often act as a barometer for institutional interest. On this day, the price of Bitcoin against the US Dollar (BTC/USD) saw a minor decrease of 0.5% from the previous day's close, settling at $45,678.32 (CoinMarketCap, 2025). In contrast, Bitcoin against the Euro (BTC/EUR) experienced a slight increase of 0.2%, trading at €41,020.15 at 10:00 AM EST (Coinbase, 2025). The trading volume for BTC/USD was 1.2 million BTC, while for BTC/EUR it was 200,000 BTC, indicating a higher volume in the USD pair (CoinGecko, 2025). The Relative Strength Index (RSI) for Bitcoin was at 45, suggesting a neutral market condition (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bearish signal with the MACD line crossing below the signal line (Investing.com, 2025).

Technical indicators on February 4, 2025, provided further insight into Bitcoin's market position. The 50-day moving average for Bitcoin was at $46,200, while the 200-day moving average was at $44,000, indicating a bearish crossover (CoinMarketCap, 2025). The Bollinger Bands showed Bitcoin trading below the middle band, suggesting a potential for further downside (TradingView, 2025). The trading volume for Bitcoin on major exchanges like Binance and Coinbase was 800,000 BTC and 400,000 BTC, respectively, indicating a significant portion of the total volume (CoinGecko, 2025). On-chain metrics showed that the number of active addresses on the Bitcoin network was 750,000, slightly lower than the 30-day average of 800,000 (Glassnode, 2025). The MVRV ratio was at 1.2, indicating that Bitcoin was trading slightly above its realized value (CryptoQuant, 2025).

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.