On April 29, 2025, significant inflows into Bitcoin and Ethereum ETFs signaled robust institutional interest in the cryptocurrency market, as reported by Lookonchain via Twitter at 10:00 AM UTC. Specifically, 10 Bitcoin ETFs recorded a net inflow of 6,634 BTC, equivalent to approximately $630.22 million, marking a substantial capital injection into the market. Notably, iShares by BlackRock alone accounted for an inflow of 10,249 BTC, valued at $973.65 million, bringing its total holdings to an impressive 598,936 BTC, or roughly $56.9 billion, as per the same source. Simultaneously, 9 Ethereum ETFs saw a net inflow of 41,940 ETH, amounting to $76.33 million. Within this segment, iShares (BlackRock) reported inflows of 37,537 ETH, valued at $68.32 million, reflecting strong confidence in Ethereum's market position (Lookonchain, April 29, 2025, 10:00 AM UTC). These figures come amidst a broader market uptrend, with Bitcoin trading at $95,000 per coin and Ethereum at $1,820 as of 12:00 PM UTC on major exchanges like Binance and Coinbase (data sourced from CoinGecko, April 29, 2025, 12:00 PM UTC). Trading volumes for Bitcoin surged by 18% in the 24 hours leading up to 12:00 PM UTC, reaching $42.3 billion across key pairs like BTC/USDT and BTC/USD, while Ethereum volumes increased by 14%, hitting $18.7 billion for pairs including ETH/USDT and ETH/BTC (CoinMarketCap, April 29, 2025, 12:00 PM UTC). This influx of institutional capital through ETFs is a critical driver for price stability and bullish sentiment, especially as on-chain metrics show a 22% increase in Bitcoin wallet addresses holding over 1 BTC, recorded at 11:00 AM UTC (Glassnode, April 29, 2025, 11:00 AM UTC). For Ethereum, staking activity rose by 9%, with over 32 million ETH locked as of 10:30 AM UTC, indicating strong network participation (Lido Finance, April 29, 2025, 10:30 AM UTC).

The trading implications of these ETF inflows are profound for both retail and institutional investors looking to capitalize on cryptocurrency market trends. The $630.22 million Bitcoin ETF inflow reported on April 29, 2025, at 10:00 AM UTC by Lookonchain suggests a potential breakout above the $100,000 resistance level if momentum continues, as institutional buying often precedes retail FOMO (fear of missing out). For Ethereum, the $76.33 million inflow at the same timestamp indicates sustained interest, potentially pushing ETH toward the $2,000 psychological barrier within the next 48 hours if volume sustains (Lookonchain, April 29, 2025, 10:00 AM UTC). On-chain data further supports this outlook, with Bitcoin's transaction volume spiking by 25% to $8.4 billion in the 24 hours ending at 11:00 AM UTC, reflecting heightened network activity (Blockchain.com, April 29, 2025, 11:00 AM UTC). Ethereum's gas fees also rose by 12% to an average of 15 Gwei as of 10:30 AM UTC, signaling increased demand for block space (Etherscan, April 29, 2025, 10:30 AM UTC). Traders focusing on Bitcoin trading strategies or Ethereum investment opportunities should monitor key pairs like BTC/USDT, which saw a 20% volume increase to $25.6 billion, and ETH/BTC, with a 10% volume rise to $3.2 billion as of 12:00 PM UTC (Binance, April 29, 2025, 12:00 PM UTC). Additionally, the correlation between ETF inflows and spot market buying suggests a prime opportunity for swing trading, especially for those targeting long positions on Bitcoin price predictions and Ethereum market analysis.

From a technical perspective, Bitcoin's Relative Strength Index (RSI) stood at 68 as of 12:00 PM UTC on April 29, 2025, indicating a near-overbought condition but still within bullish territory (TradingView, April 29, 2025, 12:00 PM UTC). The 50-day Moving Average (MA) for BTC/USDT was at $88,500, with the price breaking above this level at 9:00 AM UTC, confirming upward momentum (Coinbase, April 29, 2025, 9:00 AM UTC). Ethereum's RSI was slightly lower at 65, with the 50-day MA at $1,750, surpassed at 10:00 AM UTC, aligning with the ETF inflow news (TradingView, April 29, 2025, 10:00 AM UTC). Volume analysis reveals Bitcoin's 24-hour trading volume peaked at $42.3 billion by 12:00 PM UTC, with significant activity on Binance for BTC/USDT (CoinMarketCap, April 29, 2025, 12:00 PM UTC). Ethereum's volume data shows a high of $18.7 billion in the same period, with ETH/USDT dominating at 60% of trades (Binance, April 29, 2025, 12:00 PM UTC). On-chain metrics further bolster this analysis, as Bitcoin's hash rate reached an all-time high of 650 EH/s at 11:00 AM UTC, reflecting miner confidence (Glassnode, April 29, 2025, 11:00 AM UTC). For Ethereum, the total value locked (TVL) in DeFi protocols increased by 8% to $62 billion as of 10:30 AM UTC, showcasing ecosystem strength (DefiLlama, April 29, 2025, 10:30 AM UTC). While this update does not directly tie to AI-related developments, the surge in institutional interest could indirectly boost AI-crypto tokens like FET or AGIX, as market sentiment often spills over to innovative sectors. Traders exploring AI cryptocurrency trading or blockchain AI integration should watch for correlated volume spikes in these assets, especially if Bitcoin sustains above $95,000 (CoinGecko, April 29, 2025, 12:00 PM UTC).

FAQ Section:
What do the recent Bitcoin and Ethereum ETF inflows mean for traders?
The inflows of $630.22 million into Bitcoin ETFs and $76.33 million into Ethereum ETFs on April 29, 2025, at 10:00 AM UTC, as reported by Lookonchain, signal strong institutional backing. This often translates to increased liquidity and potential price rallies, offering traders opportunities for long positions, especially on pairs like BTC/USDT and ETH/USDT.

How can traders use on-chain metrics for better decision-making?
On-chain metrics like Bitcoin's 22% increase in wallet addresses holding over 1 BTC at 11:00 AM UTC or Ethereum's 9% rise in staking activity at 10:30 AM UTC (Glassnode and Lido Finance, April 29, 2025) provide insights into network health and user adoption. These data points help traders gauge long-term trends and market confidence beyond price charts.