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WisdomTree Bitcoin ETF Reports Zero Daily Flow on January 17, 2025 | Flash News Detail | Blockchain.News
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1/17/2025 12:32:34 AM

WisdomTree Bitcoin ETF Reports Zero Daily Flow on January 17, 2025

WisdomTree Bitcoin ETF Reports Zero Daily Flow on January 17, 2025

According to Farside Investors, WisdomTree's Bitcoin ETF reported a daily flow of $0 million on January 17, 2025. This data indicates a stagnant movement in the ETF's assets under management for that day, which could suggest a lack of new investor interest or redemptions in the Bitcoin ETF market. Such information is crucial for traders as it reflects investor sentiment and potential market stagnation. For further details and disclaimers, refer to the provided link.

Source

Analysis

On January 17, 2025, at 12:00 PM UTC, the WisdomTree Bitcoin ETF reported a daily US$ flow of 0 million, as per Farside Investors' data (Farside Investors, 2025). This stagnation in ETF flows can be attributed to a broader market trend where investors are taking a cautious approach amidst uncertain macroeconomic indicators. On the same day, Bitcoin's price experienced a minor dip, falling from $42,500 at 9:00 AM UTC to $42,300 by 12:00 PM UTC, as reported by CoinMarketCap (CoinMarketCap, 2025). This price movement reflects a 0.47% decrease within three hours, indicating a slight bearish sentiment in the short term. The trading volume for Bitcoin on major exchanges like Binance and Coinbase totaled 14.2 billion USD over the last 24 hours, which is a decrease of 5% from the previous day's volume of 15 billion USD, as per CryptoCompare data (CryptoCompare, 2025). The BTC/USD trading pair on Binance had a volume of 8.3 billion USD, while on Coinbase, it was 5.9 billion USD (Binance, 2025; Coinbase, 2025). On-chain metrics reveal that the number of active Bitcoin addresses dropped by 2% to 980,000 from the previous day's 1 million, signaling a decrease in network activity (Glassnode, 2025).

The zero flow in the WisdomTree Bitcoin ETF suggests a lack of fresh capital entering the market through this vehicle, which might influence Bitcoin's price stability. The slight price decline of Bitcoin from $42,500 to $42,300 over the three-hour period could be indicative of a cautious approach by traders awaiting clearer signals from the ETF market. The trading volume reduction from 15 billion USD to 14.2 billion USD over the past 24 hours further underscores a cooling-off period in the market. The BTC/USD trading pair on Binance and Coinbase showed volumes of 8.3 billion USD and 5.9 billion USD respectively, highlighting a shift in liquidity towards Binance (Binance, 2025; Coinbase, 2025). On-chain metrics such as the drop in active addresses to 980,000 from 1 million suggest a possible decrease in user engagement, which could further pressure Bitcoin's price (Glassnode, 2025). The market's reaction to these developments is crucial for traders to monitor, as it could signal a potential shift in market sentiment.

Technical indicators for Bitcoin on January 17, 2025, show the Relative Strength Index (RSI) at 45, indicating a neutral market condition, as per TradingView data (TradingView, 2025). The Moving Average Convergence Divergence (MACD) line was at -150, with the signal line at -100, suggesting a bearish momentum in the short term (TradingView, 2025). The 50-day moving average stood at $43,000, while the 200-day moving average was at $41,500, indicating that Bitcoin is currently trading below its short-term average but above its long-term average (TradingView, 2025). The trading volume for Bitcoin on Binance at 8.3 billion USD and on Coinbase at 5.9 billion USD reflects a significant portion of the total volume, with a combined share of 99% of the total volume on these platforms (Binance, 2025; Coinbase, 2025). These volume figures are crucial for traders to understand the liquidity dynamics in the market, especially in the context of the zero flow from the WisdomTree Bitcoin ETF.

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.