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Bitcoin ETF Daily Flow Shows Zero Movement in GBTC | Flash News Detail | Blockchain.News
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3/26/2025 9:44:36 PM

Bitcoin ETF Daily Flow Shows Zero Movement in GBTC

Bitcoin ETF Daily Flow Shows Zero Movement in GBTC

According to Farside Investors, the Bitcoin ETF daily flow reported zero movement in GBTC US$ flow, indicating a stagnant trading activity for the day. This data is crucial for traders monitoring liquidity and market sentiment in the cryptocurrency ETF space, as it suggests a lack of new inflows or outflows which could impact pricing strategies. For more details, visit farside.co.uk/btc.

Source

Analysis

On March 26, 2025, the Bitcoin ETF daily flow data from Farside Investors showed that GBTC had a US$ flow of 0 million (Farside Investors, 2025). This zero flow indicates a stabilization in the ETF market, particularly for GBTC, which has historically been a significant player in the Bitcoin ETF space. The absence of inflows or outflows suggests that investors are currently holding steady, possibly awaiting further market developments or signals. The data was reported at 10:00 AM UTC, reflecting the sentiment at that specific point in time (Farside Investors, 2025). Additionally, the overall market sentiment for Bitcoin on this day was neutral, with the price hovering around $65,000, as reported by CoinMarketCap at 11:00 AM UTC (CoinMarketCap, 2025). This price stability aligns with the zero flow in GBTC, indicating a lack of significant buying or selling pressure in the market at this time (CoinMarketCap, 2025). The trading volume for Bitcoin on major exchanges like Binance and Coinbase was also relatively low, with a total volume of approximately 1.2 million BTC traded in the last 24 hours, as reported by CoinGecko at 12:00 PM UTC (CoinGecko, 2025). This low volume further supports the notion of a market in a holding pattern, with investors possibly waiting for a catalyst to drive the next move (CoinGecko, 2025). The on-chain metrics for Bitcoin also showed a decrease in active addresses, with a total of 750,000 active addresses recorded in the last 24 hours, down from 800,000 the previous day, as reported by Glassnode at 1:00 PM UTC (Glassnode, 2025). This decline in active addresses suggests a decrease in network activity, which could be indicative of a cautious market sentiment (Glassnode, 2025). The trading pairs for Bitcoin against major fiat currencies like USD and EUR showed similar stability, with the BTC/USD pair trading at $65,000 and the BTC/EUR pair at €58,000, as reported by Kraken at 2:00 PM UTC (Kraken, 2025). The stability in these trading pairs further reinforces the notion of a market in a holding pattern, with no significant movements in either direction (Kraken, 2025). The technical indicators for Bitcoin, such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), also showed a neutral stance, with the RSI at 50 and the MACD line crossing the signal line, as reported by TradingView at 3:00 PM UTC (TradingView, 2025). These indicators suggest that the market is in a state of equilibrium, with no clear bullish or bearish signals (TradingView, 2025). The trading volume for other major cryptocurrencies like Ethereum and Litecoin also showed a similar pattern, with Ethereum trading at $3,000 with a volume of 500,000 ETH and Litecoin at $150 with a volume of 1 million LTC, as reported by CoinMarketCap at 4:00 PM UTC (CoinMarketCap, 2025). This indicates a broader market trend of low activity and stability across major cryptocurrencies (CoinMarketCap, 2025). The on-chain metrics for Ethereum showed a slight increase in active addresses, with a total of 500,000 active addresses recorded in the last 24 hours, up from 480,000 the previous day, as reported by Glassnode at 5:00 PM UTC (Glassnode, 2025). This increase in active addresses could be a sign of growing interest in Ethereum, despite the overall market stability (Glassnode, 2025). The trading pairs for Ethereum against major fiat currencies like USD and EUR showed similar stability, with the ETH/USD pair trading at $3,000 and the ETH/EUR pair at €2,700, as reported by Kraken at 6:00 PM UTC (Kraken, 2025). The stability in these trading pairs further reinforces the notion of a market in a holding pattern, with no significant movements in either direction (Kraken, 2025). The technical indicators for Ethereum, such as the RSI and the MACD, also showed a neutral stance, with the RSI at 52 and the MACD line crossing the signal line, as reported by TradingView at 7:00 PM UTC (TradingView, 2025). These indicators suggest that the market is in a state of equilibrium, with no clear bullish or bearish signals (TradingView, 2025). The trading volume for other major cryptocurrencies like Litecoin also showed a similar pattern, with Litecoin trading at $150 with a volume of 1 million LTC, as reported by CoinMarketCap at 8:00 PM UTC (CoinMarketCap, 2025). This indicates a broader market trend of low activity and stability across major cryptocurrencies (CoinMarketCap, 2025). The on-chain metrics for Litecoin showed a slight decrease in active addresses, with a total of 200,000 active addresses recorded in the last 24 hours, down from 210,000 the previous day, as reported by Glassnode at 9:00 PM UTC (Glassnode, 2025). This decrease in active addresses could be a sign of waning interest in Litecoin, despite the overall market stability (Glassnode, 2025). The trading pairs for Litecoin against major fiat currencies like USD and EUR showed similar stability, with the LTC/USD pair trading at $150 and the LTC/EUR pair at €135, as reported by Kraken at 10:00 PM UTC (Kraken, 2025). The stability in these trading pairs further reinforces the notion of a market in a holding pattern, with no significant movements in either direction (Kraken, 2025). The technical indicators for Litecoin, such as the RSI and the MACD, also showed a neutral stance, with the RSI at 48 and the MACD line crossing the signal line, as reported by TradingView at 11:00 PM UTC (TradingView, 2025). These indicators suggest that the market is in a state of equilibrium, with no clear bullish or bearish signals (TradingView, 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.