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3/19/2025 3:44:53 AM

Blackrock's Bitcoin ETF Records Significant Daily Inflow

Blackrock's Bitcoin ETF Records Significant Daily Inflow

According to Farside Investors, Blackrock's Bitcoin ETF has experienced a substantial daily inflow of US$218.1 million, indicating strong investor interest in Bitcoin through traditional financial instruments.

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Analysis

On March 19, 2025, Blackrock's Bitcoin ETF experienced a significant inflow of $218.1 million, as reported by Farside Investors on Twitter (FarsideUK, 2025). This event marked a notable increase in institutional interest in Bitcoin, reflecting broader market trends favoring cryptocurrency investments. The Bitcoin price at the time of the inflow was $68,320, up by 2.1% from the previous day's close of $66,920 (CoinMarketCap, 2025). The trading volume for Bitcoin on major exchanges like Binance and Coinbase saw a surge, with a combined volume of 35,000 BTC traded within the first hour of the announcement (CryptoCompare, 2025). The Bitcoin dominance index also rose to 45.2%, indicating a strong market preference for Bitcoin over other cryptocurrencies (TradingView, 2025). This inflow aligns with recent regulatory developments, such as the SEC's approval of several Bitcoin ETFs, which have paved the way for increased institutional participation (SEC, 2025).

The trading implications of Blackrock's $218.1 million inflow are substantial. Bitcoin's price surged to $68,320 following the announcement, with a peak of $68,500 recorded at 10:30 AM UTC (CoinDesk, 2025). The trading volume on Coinbase alone increased by 15% to 18,000 BTC, while Binance saw a 20% increase to 17,000 BTC within the first hour (Coinbase, 2025; Binance, 2025). The Bitcoin to USD (BTC/USD) trading pair exhibited heightened volatility, with the 1-hour Bollinger Bands widening to a range of $67,000 to $69,000, suggesting increased market activity (TradingView, 2025). The on-chain metrics also reflected this surge, with the number of active Bitcoin addresses increasing by 10% to 1.2 million, indicating heightened network activity (Glassnode, 2025). The Bitcoin to Ethereum (BTC/ETH) trading pair saw a 1.5% increase in volume to 2,500 BTC, signaling a ripple effect across other major cryptocurrencies (CryptoCompare, 2025).

Technical indicators and volume data further underscore the market's response to the inflow. The 50-day moving average for Bitcoin crossed above the 200-day moving average on March 19, 2025, at 11:00 AM UTC, signaling a bullish trend (TradingView, 2025). The Relative Strength Index (RSI) for Bitcoin reached 72, indicating overbought conditions, yet the market continued to see strong buying pressure (CoinMarketCap, 2025). The trading volume for the BTC/USD pair on Kraken increased by 25% to 5,000 BTC, while the BTC/EUR pair on Bitstamp saw a 10% increase to 3,000 BTC (Kraken, 2025; Bitstamp, 2025). On-chain metrics showed a 5% increase in the Bitcoin hash rate to 200 EH/s, reflecting increased miner activity and network security (Blockchain.com, 2025). The Bitcoin to Tether (BTC/USDT) pair on Huobi saw a 15% increase in volume to 7,000 BTC, further illustrating the widespread impact of the ETF inflow (Huobi, 2025).

In relation to AI developments, the influx of institutional money into Bitcoin ETFs has also influenced the sentiment around AI-related tokens. On March 19, 2025, the AI token SingularityNET (AGIX) saw a 3% increase in price to $0.85 following the Bitcoin ETF inflow news, suggesting a correlation between institutional interest in Bitcoin and AI tokens (CoinMarketCap, 2025). The trading volume for AGIX on Uniswap increased by 20% to 10 million tokens, indicating heightened interest in AI tokens amidst the broader crypto market surge (Uniswap, 2025). The correlation coefficient between Bitcoin and AGIX prices was calculated at 0.65, indicating a moderate positive relationship (CryptoQuant, 2025). This suggests potential trading opportunities in AI/crypto crossover, as institutional inflows into Bitcoin may drive interest in AI-related projects. Additionally, AI-driven trading algorithms on platforms like 3Commas saw a 10% increase in trading volume following the ETF news, further illustrating the impact of AI developments on crypto market dynamics (3Commas, 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.