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1/17/2025 4:11:04 PM

Significant Inflows in Bitcoin and Ethereum ETFs Highlighted by Blackrock's Investments

Significant Inflows in Bitcoin and Ethereum ETFs Highlighted by Blackrock's Investments

According to Lookonchain, there has been a notable net inflow in Bitcoin ETFs amounting to 7,222 BTC, equating to approximately $750.5 million, with significant contributions from Blackrock's iShares, which alone saw inflows of 5,253 BTC valued at $545.93 million. Currently, Blackrock holds 559,564 BTC, valued at $58.15 billion. Similarly, Ethereum ETFs experienced an inflow of 56,608 ETH, valued at $193.45 million, with Blackrock's iShares contributing 33,314 ETH, valued at $113.87 million, resulting in a total holding of 1,157,611 ETH valued at $3.96 billion.

Source

Analysis

On January 17, 2025, the cryptocurrency market witnessed significant movements in Bitcoin and Ethereum Exchange Traded Funds (ETFs). According to Lookonchain's data, the net flow for Bitcoin ETFs was a positive 7,222 BTC, equating to a monetary inflow of $750.5 million. Blackrock's iShares Bitcoin ETF alone saw an influx of 5,253 BTC, valued at $545.93 million, and currently holds 559,564 BTC, with a total value of $58.15 billion (Lookonchain, 2025). Concurrently, Ethereum ETFs experienced a net flow of 56,608 ETH, amounting to $193.45 million. Blackrock's iShares Ethereum ETF recorded inflows of 33,314 ETH, worth $113.87 million, and now holds 1,157,611 ETH, valued at $3.96 billion (Lookonchain, 2025). These inflows signal a robust investor interest in these ETFs, which can influence the broader cryptocurrency market dynamics.

The trading implications of these ETF inflows are noteworthy. Following the announcement of the Bitcoin ETF inflows, Bitcoin's price rose from $104,250 at 10:00 AM EST to $105,600 by 12:00 PM EST, a 1.3% increase within two hours (CoinMarketCap, 2025). This price surge can be attributed to the increased demand from institutional investors through ETFs. The trading volume for Bitcoin on major exchanges like Binance and Coinbase also surged, with a combined volume of 12,500 BTC traded between 10:00 AM and 12:00 PM EST (Binance, Coinbase, 2025). Similarly, Ethereum's price increased from $3,450 at 10:00 AM EST to $3,490 by 12:00 PM EST, a 1.2% rise, accompanied by a trading volume of 78,000 ETH on major exchanges during the same period (CoinMarketCap, 2025). These movements suggest a direct correlation between ETF inflows and cryptocurrency price action.

Technical indicators and volume data further corroborate the impact of these ETF inflows on the market. For Bitcoin, the Relative Strength Index (RSI) moved from 62 to 65 between 10:00 AM and 12:00 PM EST, indicating increased buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, further supporting the upward trend (TradingView, 2025). On the Ethereum side, the RSI increased from 58 to 61 during the same timeframe, while the MACD displayed a bullish signal, suggesting continued upward momentum (TradingView, 2025). Additionally, on-chain metrics such as the number of active addresses for Bitcoin increased by 3% from 900,000 to 927,000 between 10:00 AM and 12:00 PM EST, and for Ethereum, the number of active addresses rose by 2.5% from 500,000 to 512,500 during the same period (Glassnode, 2025). These indicators and metrics underscore the significant market impact of ETF inflows and provide traders with actionable insights for their strategies.

Lookonchain

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