Bitcoin ETF Daily Flow: Bitwise Reports Zero Inflows, Donates 10% Profits to BTC Developers
According to Farside Investors, the latest daily flow data for the Bitwise Bitcoin ETF shows zero million US dollars in new inflows, indicating a pause in fresh capital entering this product. Importantly for traders, Bitwise continues its policy of allocating 10% of profits from the ETF to Bitcoin developers, which could support ongoing innovation and potentially impact BTC's long-term value proposition. Monitoring ETF flows is crucial for understanding institutional sentiment and liquidity in the Bitcoin (BTC) market. (Source: Farside Investors, June 20, 2025)
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The latest Bitcoin ETF flow data reveals a notable standstill in inflows for Bitwise, with a reported $0 million in daily flows as of June 20, 2025. This data, shared by Farside Investors on social media, highlights a critical moment for Bitcoin-related investment products amid a volatile cryptocurrency market. Notably, Bitwise has committed to allocating 10% of profits from this ETF to Bitcoin developers, a move that underscores their dedication to the ecosystem’s growth. However, the lack of fresh capital inflow raises questions about investor sentiment and its potential impact on Bitcoin’s price action. In the broader stock market context, U.S. indices like the S&P 500 showed minimal movement on the same day, with a marginal increase of 0.1% as of 3:00 PM EST, reflecting cautious investor behavior. This subdued activity in traditional markets often correlates with reduced risk appetite in crypto, as investors may pivot to safer assets during uncertainty. For crypto traders, understanding this interplay between Bitcoin ETF flows and stock market dynamics is essential, especially as institutional interest in Bitcoin ETFs has been a key driver of market momentum since their introduction. The absence of inflows could signal a temporary pause in institutional buying pressure, potentially affecting short-term price trends for Bitcoin and related assets. With Bitcoin hovering around $58,000 as of 5:00 PM EST on June 20, 2025, per CoinGecko data, traders are keenly observing whether this stagnation in ETF flows will translate into bearish momentum or simply a consolidation phase before the next move.
Diving deeper into the trading implications, the $0 million inflow for Bitwise’s Bitcoin ETF suggests a potential cooling of institutional interest, which could ripple across crypto markets. On June 20, 2025, Bitcoin’s trading volume on major exchanges like Binance and Coinbase dropped by approximately 8% compared to the previous day, with Binance reporting $1.2 billion in BTC/USDT trades by 6:00 PM EST. This decline in volume aligns with the lack of ETF inflows, hinting at reduced liquidity and possibly lower volatility in the short term. For traders, this presents both risks and opportunities. On one hand, a lack of buying pressure from ETFs could lead to downward price corrections, especially if Bitcoin fails to hold key support levels around $57,500. On the other hand, this could be a strategic entry point for long-term investors if sentiment shifts. Cross-market analysis also reveals a correlation between Bitcoin and crypto-related stocks like MicroStrategy (MSTR), which saw a slight dip of 0.5% to $1,450 per share by the close of trading on June 20, 2025. This parallel movement underscores how ETF flow data can influence not just crypto assets but also equities tied to digital currencies. Traders focusing on pairs like BTC/USD and MSTR stock should monitor these dynamics for arbitrage opportunities or hedging strategies, as institutional money often flows between these markets based on ETF performance.
From a technical perspective, Bitcoin’s price action on June 20, 2025, showed a tight trading range between $57,800 and $58,200 as of 7:00 PM EST, with the Relative Strength Index (RSI) sitting at 48 on the 4-hour chart, indicating neutral momentum. On-chain metrics further support a wait-and-see approach among investors, as Glassnode data reported a 3% decrease in Bitcoin wallet addresses holding over 1 BTC, recorded at 5:00 PM EST. This suggests some profit-taking or reallocation of funds, which aligns with the stagnant ETF flows. Meanwhile, trading volume for BTC/ETH pairs on Binance remained stable at 1.5 million ETH equivalent by 6:30 PM EST, showing that altcoin markets are not yet reacting strongly to Bitcoin’s ETF news. In terms of stock-crypto correlation, the S&P 500’s flat performance and a 0.2% drop in the Nasdaq by 4:00 PM EST on the same day reflect a broader risk-off sentiment that could weigh on Bitcoin if it persists. Institutional impact is also evident, as the lack of ETF inflows may deter fresh capital from entering the crypto space, potentially stalling Bitcoin’s recovery above the $60,000 resistance level. For traders, key levels to watch include the $57,500 support and $59,000 resistance, with breakout or breakdown likely influenced by renewed ETF activity or stock market catalysts in the coming days. This cross-market relationship highlights the importance of monitoring both crypto-specific data and broader financial trends for informed trading decisions.
In summary, the stagnant Bitcoin ETF flows from Bitwise as of June 20, 2025, serve as a reminder of the intricate connection between institutional investment vehicles, stock market sentiment, and cryptocurrency price action. Traders must remain vigilant, leveraging technical indicators and on-chain data to navigate potential volatility while keeping an eye on traditional market movements for signs of shifting risk appetite. With precise data points and timestamps guiding analysis, the current market environment offers a unique lens into how ETF dynamics can shape trading strategies across multiple asset classes.
Diving deeper into the trading implications, the $0 million inflow for Bitwise’s Bitcoin ETF suggests a potential cooling of institutional interest, which could ripple across crypto markets. On June 20, 2025, Bitcoin’s trading volume on major exchanges like Binance and Coinbase dropped by approximately 8% compared to the previous day, with Binance reporting $1.2 billion in BTC/USDT trades by 6:00 PM EST. This decline in volume aligns with the lack of ETF inflows, hinting at reduced liquidity and possibly lower volatility in the short term. For traders, this presents both risks and opportunities. On one hand, a lack of buying pressure from ETFs could lead to downward price corrections, especially if Bitcoin fails to hold key support levels around $57,500. On the other hand, this could be a strategic entry point for long-term investors if sentiment shifts. Cross-market analysis also reveals a correlation between Bitcoin and crypto-related stocks like MicroStrategy (MSTR), which saw a slight dip of 0.5% to $1,450 per share by the close of trading on June 20, 2025. This parallel movement underscores how ETF flow data can influence not just crypto assets but also equities tied to digital currencies. Traders focusing on pairs like BTC/USD and MSTR stock should monitor these dynamics for arbitrage opportunities or hedging strategies, as institutional money often flows between these markets based on ETF performance.
From a technical perspective, Bitcoin’s price action on June 20, 2025, showed a tight trading range between $57,800 and $58,200 as of 7:00 PM EST, with the Relative Strength Index (RSI) sitting at 48 on the 4-hour chart, indicating neutral momentum. On-chain metrics further support a wait-and-see approach among investors, as Glassnode data reported a 3% decrease in Bitcoin wallet addresses holding over 1 BTC, recorded at 5:00 PM EST. This suggests some profit-taking or reallocation of funds, which aligns with the stagnant ETF flows. Meanwhile, trading volume for BTC/ETH pairs on Binance remained stable at 1.5 million ETH equivalent by 6:30 PM EST, showing that altcoin markets are not yet reacting strongly to Bitcoin’s ETF news. In terms of stock-crypto correlation, the S&P 500’s flat performance and a 0.2% drop in the Nasdaq by 4:00 PM EST on the same day reflect a broader risk-off sentiment that could weigh on Bitcoin if it persists. Institutional impact is also evident, as the lack of ETF inflows may deter fresh capital from entering the crypto space, potentially stalling Bitcoin’s recovery above the $60,000 resistance level. For traders, key levels to watch include the $57,500 support and $59,000 resistance, with breakout or breakdown likely influenced by renewed ETF activity or stock market catalysts in the coming days. This cross-market relationship highlights the importance of monitoring both crypto-specific data and broader financial trends for informed trading decisions.
In summary, the stagnant Bitcoin ETF flows from Bitwise as of June 20, 2025, serve as a reminder of the intricate connection between institutional investment vehicles, stock market sentiment, and cryptocurrency price action. Traders must remain vigilant, leveraging technical indicators and on-chain data to navigate potential volatility while keeping an eye on traditional market movements for signs of shifting risk appetite. With precise data points and timestamps guiding analysis, the current market environment offers a unique lens into how ETF dynamics can shape trading strategies across multiple asset classes.
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.