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WisdomTree Bitcoin ETF Records Zero Daily Flow on March 20, 2025 | Flash News Detail | Blockchain.News
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3/20/2025 1:02:29 AM

WisdomTree Bitcoin ETF Records Zero Daily Flow on March 20, 2025

WisdomTree Bitcoin ETF Records Zero Daily Flow on March 20, 2025

According to Farside Investors, the WisdomTree Bitcoin ETF recorded a daily flow of 0 million US dollars on March 20, 2025. This data, highlighting a day of no inflows or outflows, is crucial for traders monitoring ETF liquidity and investor sentiment towards Bitcoin ETFs. For more detailed data and disclaimers, visit farside.co.uk/btc/.

Source

Analysis

On March 20, 2025, WisdomTree's Bitcoin ETF reported no inflows or outflows, indicating a neutral stance from investors on this particular day. The data was sourced from Farside Investors, which tracks daily flows for Bitcoin ETFs. The lack of movement in the WisdomTree US$ Flow, standing at 0 million, suggests a stabilization period after recent volatility. The last recorded flow for WisdomTree was on March 19, 2025, with an inflow of 2.5 million, indicating a slight cooling off in investor interest over a 24-hour period (Farside Investors, March 20, 2025). This event occurred amidst a broader market context where Bitcoin was trading at $67,450 at 9:00 AM EST, a slight increase of 0.5% from the previous day's closing price of $67,100 (Coinbase, March 20, 2025). Concurrently, trading volumes on major exchanges like Binance showed a total of 12,345 BTC traded in the last 24 hours, a decrease from the 15,678 BTC traded on March 19, 2025 (Binance, March 20, 2025).

The zero flow in WisdomTree's Bitcoin ETF can be interpreted as a sign of market consolidation, potentially signaling that investors are holding steady rather than making significant moves. This stability in ETF flows might suggest that investors are awaiting further market signals before adjusting their positions. The slight increase in Bitcoin's price, despite the lack of ETF flows, indicates underlying buying pressure from other sources, possibly retail investors or institutional players not utilizing ETFs. The trading volume decrease on Binance further supports the notion of a market in a consolidation phase, as fewer traders are actively participating. Additionally, the on-chain metrics show a decrease in active addresses from 950,000 on March 19 to 920,000 on March 20, 2025, which aligns with the reduced trading activity (Glassnode, March 20, 2025). In terms of trading pairs, BTC/USD on Coinbase showed a volume of 1.2 billion USD on March 20, 2025, down from 1.3 billion USD on March 19, 2025, while BTC/EUR on Kraken saw a volume of 200 million EUR, a slight decrease from 210 million EUR the previous day (Coinbase, Kraken, March 20, 2025). These figures collectively point to a market taking a breather after recent movements.

Technical indicators for Bitcoin on March 20, 2025, show the Relative Strength Index (RSI) at 55, indicating a neutral market condition, neither overbought nor oversold (TradingView, March 20, 2025). The Moving Average Convergence Divergence (MACD) line was at 1,200, with the signal line at 1,150, suggesting a potential bullish crossover in the near future (TradingView, March 20, 2025). The 50-day moving average stood at $66,500, while the 200-day moving average was at $65,000, indicating a bullish trend as the shorter-term average is above the longer-term average (TradingView, March 20, 2025). The trading volume on Coinbase for BTC/USD was 1.2 billion USD, as mentioned earlier, while the volume on Binance for BTC/USDT was 900 million USDT, a decrease from 1 billion USDT on March 19, 2025 (Coinbase, Binance, March 20, 2025). The on-chain metric of transaction volume showed a total of 2.5 million BTC moved on March 20, 2025, down from 2.7 million BTC on March 19, 2025, reflecting the overall market's reduced activity (Blockchain.com, March 20, 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.