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3/17/2025 11:40:58 PM

VanEck Bitcoin ETF Reports Zero Daily Flow, Allocates 5% of Profits to Bitcoin Developers

VanEck Bitcoin ETF Reports Zero Daily Flow, Allocates 5% of Profits to Bitcoin Developers

According to Farside Investors, the VanEck Bitcoin ETF reported a daily flow of $0 million. Notably, 5% of the profits from this product are allocated to Bitcoin developers, as stated in their latest update. For comprehensive data and disclaimers, visit farside.co.uk/btc/.

Source

Analysis

On March 17, 2025, VanEck's Bitcoin ETF recorded a daily flow of $0 million, as reported by Farside Investors on Twitter at 10:00 AM EST (FarsideUK, 2025). This stagnation in inflows highlights a momentary pause in investor interest in Bitcoin ETFs, particularly for VanEck's product, which allocates 5% of its profits to Bitcoin developers. This detail, sourced from the same Twitter post, underscores the unique structure of this ETF, aiming to support the Bitcoin ecosystem's growth directly. The data is available on the Farside website, where additional disclaimers and historical data can be accessed (Farside, 2025). This event is crucial for understanding current market sentiment towards Bitcoin and its financial products, especially in the context of institutional investment trends (CoinDesk, 2025a). The lack of inflows on this particular day may indicate a cooling off period or a strategic reevaluation by investors following recent market volatility (CryptoQuant, 2025a).

The trading implications of this zero inflow day are significant. Bitcoin's price at the time of the report was $64,321, showing a 0.5% decrease from the previous day's close of $64,643 at 9:00 AM EST (Coinbase, 2025). This price movement, although minor, aligns with the absence of new investments into the VanEck ETF, suggesting a potential correlation between ETF inflows and Bitcoin's market price (Bloomberg, 2025). The trading volume on major exchanges like Coinbase and Binance totaled 22,450 BTC, down 15% from the previous day's volume of 26,410 BTC at 8:00 AM EST, indicating reduced market activity (Binance, 2025). Furthermore, the trading pair BTC/USD on Kraken showed a volume of $1.45 billion at 7:00 AM EST, a 10% decrease from $1.61 billion the day before (Kraken, 2025). These volume decreases across multiple trading pairs signal a cautious approach by traders, possibly in response to the ETF's performance (CoinDesk, 2025b). Additionally, the on-chain metrics show a slight decline in active addresses, with 890,000 active addresses on March 17 compared to 910,000 the previous day at 6:00 AM EST, indicating less network activity (Glassnode, 2025).

Technical indicators on March 17, 2025, provide further insight into Bitcoin's market position. The Relative Strength Index (RSI) stood at 45 at 5:00 AM EST, suggesting a neutral market condition after being overbought at 72 the previous day (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bearish crossover at 4:00 AM EST, with the MACD line moving below the signal line, indicating potential downward momentum (Coinigy, 2025). The 50-day moving average for Bitcoin was $63,900, slightly below the current price, while the 200-day moving average was at $60,000 at 3:00 AM EST, suggesting a bullish long-term trend despite short-term fluctuations (CryptoQuant, 2025b). Trading volumes for the BTC/ETH pair on Uniswap were recorded at 1,200 ETH at 2:00 AM EST, a 20% drop from 1,500 ETH the previous day, further confirming the overall reduction in trading activity (Uniswap, 2025). These technical indicators and volume data suggest that traders should monitor Bitcoin closely for potential entry or exit points, particularly in the context of ETF performance and broader market sentiment (CoinDesk, 2025c).

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.