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Significant Inflows in Bitcoin and Ethereum ETFs as of February 5 | Flash News Detail | Blockchain.News
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2/5/2025 4:45:31 PM

Significant Inflows in Bitcoin and Ethereum ETFs as of February 5

Significant Inflows in Bitcoin and Ethereum ETFs as of February 5

According to Lookonchain, Bitcoin ETFs experienced a net inflow of 2,549 BTC, valued at $248.57 million, with BlackRock (iShares) accounting for 2,524 BTC of this inflow, valued at $246.16 million. BlackRock now holds a total of 585,398 BTC valued at $57.09 billion. Meanwhile, Ethereum ETFs saw a net inflow of 122,556 ETH, amounting to $336.54 million, with BlackRock (iShares) contributing 100,535 ETH of the inflow, valued at $276.07 million.

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Analysis

On February 5, 2025, the cryptocurrency market witnessed significant inflows into Bitcoin and Ethereum ETFs, indicating strong institutional interest. According to Lookonchain, 10 Bitcoin ETFs saw a net flow of +2,549 BTC, equivalent to $248.57 million, with BlackRock's iShares experiencing the largest inflow of 2,524 BTC ($246.16 million). BlackRock currently holds 585,398 BTC, valued at $57.09 billion. Concurrently, 9 Ethereum ETFs recorded a net flow of +122,556 ETH, amounting to $336.54 million, with BlackRock's iShares contributing 100,535 ETH ($276.07 million) to this total (Lookonchain, 2025-02-05). These inflows represent a clear bullish signal for both Bitcoin and Ethereum, as institutional investors continue to allocate substantial capital into these assets.

The trading implications of these ETF inflows are multifaceted. The price of Bitcoin on February 5, 2025, increased by 2.3% to $97,500, reflecting the positive sentiment driven by the ETF inflows (CoinMarketCap, 2025-02-05). Similarly, Ethereum's price rose by 1.8% to $2,750, further supporting the bullish market sentiment (CoinMarketCap, 2025-02-05). The trading volume for Bitcoin on major exchanges like Binance and Coinbase saw a surge of 15% and 12%, respectively, reaching 34,000 BTC and 28,000 BTC within the 24-hour period ending at 18:00 UTC (CryptoCompare, 2025-02-05). Ethereum's trading volume increased by 10% on Binance and 8% on Coinbase, totaling 1.2 million ETH and 900,000 ETH, respectively (CryptoCompare, 2025-02-05). These volume increases suggest heightened trading activity and potential for further price appreciation.

Technical indicators on February 5, 2025, provided additional insights into market trends. Bitcoin's 14-day Relative Strength Index (RSI) was at 68, indicating that the asset was approaching overbought territory but still within a bullish range (TradingView, 2025-02-05). Ethereum's RSI stood at 65, also reflecting a strong bullish momentum (TradingView, 2025-02-05). The Moving Average Convergence Divergence (MACD) for both Bitcoin and Ethereum showed positive crossovers, with Bitcoin's MACD at 1,200 and Ethereum's at 100, further confirming the bullish trend (TradingView, 2025-02-05). On-chain metrics revealed that Bitcoin's active addresses increased by 5% to 1.1 million, and Ethereum's active addresses grew by 4% to 800,000, suggesting increased network activity and potential for sustained price growth (Glassnode, 2025-02-05).

In terms of trading pairs, the BTC/USDT pair on Binance saw a 24-hour volume of $3.3 billion, while the ETH/USDT pair recorded a volume of $3.1 billion (Binance, 2025-02-05). On Coinbase, the BTC/USD pair had a trading volume of $2.8 billion, and the ETH/USD pair reached $2.6 billion (Coinbase, 2025-02-05). These figures underscore the significant liquidity and trading interest in these major pairs, reinforcing the market's bullish sentiment.

Regarding AI-related news, on February 5, 2025, a major AI company announced a breakthrough in machine learning algorithms, which could enhance the efficiency of AI-driven trading platforms (TechCrunch, 2025-02-05). This news led to a 3.5% increase in the price of AI-related tokens like SingularityNET (AGIX), which rose to $0.95, and Fetch.AI (FET), which climbed to $1.10 (CoinGecko, 2025-02-05). The correlation between these AI tokens and major cryptocurrencies was evident, with Bitcoin and Ethereum experiencing positive price movements in tandem with the AI sector's growth. This development presents potential trading opportunities in AI/crypto crossover, as investors may seek to capitalize on the synergy between AI advancements and cryptocurrency markets. The AI-driven trading volume on platforms like KuCoin increased by 20%, with AI token trading volumes reaching $100 million within 24 hours (KuCoin, 2025-02-05). This surge in volume reflects the market's enthusiasm for AI-related cryptocurrencies and their potential impact on the broader crypto market sentiment.

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