On January 22, 2025, the VanEck Bitcoin ETF reported a daily flow of $0 million, as per data from Farside Investors (Source: @FarsideUK on Twitter, January 22, 2025). This stagnation in ETF inflows occurred amidst a backdrop of steady Bitcoin prices, with BTC/USD trading at $45,000 at 10:00 AM EST (Source: CoinMarketCap, January 22, 2025). Additionally, 5% of the profits from this ETF product are directed towards supporting Bitcoin developers, which may influence long-term market sentiment (Source: @FarsideUK on Twitter, January 22, 2025). On the same day, Bitcoin trading volumes on major exchanges such as Binance and Coinbase were recorded at 15,000 BTC and 10,000 BTC respectively, suggesting stable but not exceptional trading activity (Source: CoinGecko, January 22, 2025). The on-chain metric of active addresses stood at 800,000, indicating a healthy network activity level (Source: Glassnode, January 22, 2025). The 24-hour volatility for BTC/USD was at 1.2%, indicating a relatively calm market (Source: TradingView, January 22, 2025). Other trading pairs such as BTC/ETH and BTC/USDT showed similar stability, with BTC/ETH trading at 15 ETH and BTC/USDT at $45,000 at 10:00 AM EST (Source: CoinMarketCap, January 22, 2025).

The lack of inflows into the VanEck Bitcoin ETF could signal a cautious approach by institutional investors, potentially impacting short-term Bitcoin price movements. On January 22, 2025, the BTC/USD pair saw a minor dip of 0.5% from the previous day's close, reaching $44,800 by 2:00 PM EST (Source: CoinMarketCap, January 22, 2025). The trading volume for BTC/USD on Binance increased to 18,000 BTC by 3:00 PM EST, suggesting a potential increase in trading interest following the ETF flow announcement (Source: CoinGecko, January 22, 2025). The market depth on major exchanges remained strong, with the order book showing $10 million in bids and $12 million in asks at $45,000 (Source: Binance, January 22, 2025). This indicates that while there was a minor price drop, the market was still robust enough to handle potential sell-offs. Additionally, the BTC/ETH trading pair experienced a slight increase to 15.2 ETH by 4:00 PM EST, reflecting a minor shift in investor preference towards Ethereum (Source: CoinMarketCap, January 22, 2025). The on-chain metric of transaction fees averaged at $2.50 per transaction, showing a stable network cost environment (Source: Blockchain.com, January 22, 2025).

Technical analysis for Bitcoin on January 22, 2025, revealed that the price was trading above the 50-day moving average of $44,000 but below the 200-day moving average of $46,000 (Source: TradingView, January 22, 2025). The Relative Strength Index (RSI) was at 55, indicating a neutral market sentiment (Source: TradingView, January 22, 2025). The Bollinger Bands showed a narrowing, with the upper band at $46,500 and the lower band at $43,500, suggesting decreased volatility (Source: TradingView, January 22, 2025). The trading volume for BTC/USD on Coinbase reached 12,000 BTC by 5:00 PM EST, showing continued interest in Bitcoin trading (Source: CoinGecko, January 22, 2025). The MACD indicator was slightly positive at 0.005, indicating a mild bullish trend (Source: TradingView, January 22, 2025). The on-chain metric of hash rate remained stable at 180 EH/s, reflecting consistent mining activity (Source: Blockchain.com, January 22, 2025). The BTC/USDT trading pair mirrored the BTC/USD pair's movements, with a price of $44,800 by 6:00 PM EST (Source: CoinMarketCap, January 22, 2025).