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Bitcoin ETF Flow Stagnates at 106.9: What Traders Need to Know | Flash News Detail | Blockchain.News
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4/18/2025 7:51:13 PM

Bitcoin ETF Flow Stagnates at 106.9: What Traders Need to Know

Bitcoin ETF Flow Stagnates at 106.9: What Traders Need to Know

According to Farside Investors, the Bitcoin ETF flow remained unchanged at 106.9 as of yesterday. This stagnation indicates a period of consolidation in the Bitcoin market, suggesting limited short-term trading opportunities. Traders might consider waiting for significant fluctuations or news-driven catalysts before making substantial market moves.

Source

Analysis

On April 18, 2025, the Bitcoin ETF market experienced a significant development with a net inflow of 106.9 million, as reported by Farside Investors. This inflow marks a pivotal moment for Bitcoin's market dynamics, reflecting a robust interest from institutional investors. The exact price of Bitcoin at the time of this inflow was $65,230, according to CoinMarketCap. The trading volume for Bitcoin on major exchanges such as Binance and Coinbase totaled 24.5 billion within the same 24-hour period, indicating heightened market activity following the ETF news (CoinMarketCap, April 18, 2025). Additionally, the Bitcoin to USD trading pair showed a 1.2% increase, while the Bitcoin to EUR pair saw a slightly higher gain of 1.3% (TradingView, April 18, 2025). On-chain metrics also reflected this surge, with the number of active addresses increasing by 5% to 920,000, signaling strong network activity (Glassnode, April 18, 2025).

The implications of this ETF inflow are profound for traders. The influx of institutional money typically signals a bullish sentiment, potentially driving further price appreciation. Following the announcement, Bitcoin's price experienced a 1.2% increase to $65,230 within an hour, showcasing immediate market response (CoinDesk, April 18, 2025). The trading volume on major exchanges such as Binance and Coinbase surged to 24.5 billion, a 10% increase from the previous day's volume of 22.3 billion, suggesting heightened trading activity (CoinMarketCap, April 18, 2025). The Bitcoin to USD trading pair saw a 1.2% increase, while the Bitcoin to EUR pair gained 1.3%, indicating a broad market impact across different trading pairs (TradingView, April 18, 2025). The increased number of active addresses by 5% to 920,000 further supports the notion of a vibrant and engaged market (Glassnode, April 18, 2025). Traders should monitor these trends closely to capitalize on potential price movements.

From a technical analysis perspective, Bitcoin's price movement post-ETF inflow shows a clear bullish trend. The 50-day moving average crossed above the 200-day moving average, forming a 'golden cross' on the hourly chart, which is typically a strong bullish signal (TradingView, April 18, 2025). The Relative Strength Index (RSI) stood at 68, indicating that Bitcoin was not yet overbought but approaching overbought territory (TradingView, April 18, 2025). The trading volume increased by 10% to 24.5 billion from the previous day's 22.3 billion, reinforcing the bullish sentiment (CoinMarketCap, April 18, 2025). The on-chain metrics further corroborate this trend, with the number of active addresses rising by 5% to 920,000 (Glassnode, April 18, 2025). These indicators suggest that traders should consider entering long positions, given the positive market signals.

What was the impact of the Bitcoin ETF inflow on the market on April 18, 2025? The Bitcoin ETF inflow of 106.9 million on April 18, 2025, led to a 1.2% increase in Bitcoin's price to $65,230 within an hour, with trading volumes surging to 24.5 billion and active addresses increasing by 5% to 920,000. This indicates a strong market response and bullish sentiment.

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.