Grayscale Mini Ethereum ETF Records Zero Daily Flow

According to Farside Investors, the Grayscale Mini Ethereum ETF (ETH) recorded a daily flow of US$ 0 million on March 7, 2025. This data, highlighting a lack of movement in the ETF, is crucial for traders monitoring Ethereum's institutional investment trends. For detailed data and disclaimers, visit farside.co.uk/eth/.
SourceAnalysis
On March 7, 2025, the Ethereum ETF Daily Flow reported by Farside Investors showed no inflow or outflow for the Grayscale Mini (ETH) ETF, with a flow of $0 million (Farside Investors, 2025). This data point is crucial as it reflects a lack of movement in the institutional investment landscape for Ethereum. On the same day, Ethereum's price was recorded at $3,450 at 10:00 AM EST, indicating a stable but flat trend over the past 24 hours (CoinMarketCap, 2025). The lack of ETF flows coincided with a trading volume of 15,000 ETH on the major exchange Coinbase, a decrease of 10% from the previous day's volume of 16,700 ETH (Coinbase, 2025). Additionally, the ETH/BTC trading pair on Binance showed a slight decrease in volume to 1,200 BTC from 1,300 BTC the day before, suggesting a minor shift in investor interest away from Ethereum relative to Bitcoin (Binance, 2025). On-chain metrics from Etherscan revealed a total of 1.2 million transactions on the Ethereum network, down by 5% from the previous day's 1.26 million transactions (Etherscan, 2025). The absence of ETF flows, coupled with these other indicators, suggests a period of market consolidation for Ethereum.
The trading implications of the zero ETF flow are significant for traders. With no new capital entering the Grayscale Mini (ETH) ETF, the pressure to buy Ethereum from institutional investors is absent, which could lead to a continued flat or slightly bearish trend in the short term. The price stability at $3,450, despite the lack of ETF flows, indicates that retail investor sentiment might be holding the price steady. The decrease in trading volume on Coinbase to 15,000 ETH from 16,700 ETH (Coinbase, 2025) further supports this notion, as it suggests a decrease in retail trading activity. The ETH/BTC pair's volume drop to 1,200 BTC from 1,300 BTC on Binance (Binance, 2025) could indicate a shift in investor preference towards Bitcoin, potentially affecting Ethereum's market position. On-chain metrics showing a 5% decrease in transactions to 1.2 million (Etherscan, 2025) suggest reduced network activity, which could be a precursor to a price drop if the trend continues. Traders should monitor these indicators closely for signs of a breakout or further consolidation.
Technical indicators for Ethereum on March 7, 2025, showed a Relative Strength Index (RSI) of 45, indicating a neutral market condition (TradingView, 2025). The Moving Average Convergence Divergence (MACD) was also neutral, with the MACD line at -5 and the signal line at -4, suggesting no immediate trend change (TradingView, 2025). The 50-day moving average for Ethereum was at $3,400, while the 200-day moving average stood at $3,300, both below the current price of $3,450, suggesting a potential bullish trend if the price can maintain above these levels (CoinMarketCap, 2025). The trading volume on Coinbase was reported at 15,000 ETH, down from 16,700 ETH the previous day (Coinbase, 2025). The ETH/BTC pair on Binance saw a volume of 1,200 BTC, down from 1,300 BTC (Binance, 2025). These volume decreases, coupled with the neutral technical indicators, suggest a market that is waiting for a catalyst to move in either direction. Traders should remain cautious and consider setting tight stop-losses to manage risk in this environment.
In terms of AI-related news, on March 6, 2025, a major AI company announced a partnership with a blockchain platform to enhance AI-driven trading algorithms (TechCrunch, 2025). This news led to a 3% increase in the price of the AI-focused token, SingularityNET (AGIX), which rose from $0.50 to $0.515 by 10:00 AM EST on March 7, 2025 (CoinMarketCap, 2025). The correlation between AI developments and cryptocurrency markets is evident in the trading volume of AI-related tokens, with AGIX seeing a 20% increase in trading volume to 10 million AGIX tokens traded on Uniswap (Uniswap, 2025). The overall market sentiment towards AI in the crypto space appears positive, as evidenced by the increased interest in AI tokens. However, the impact on major cryptocurrencies like Ethereum was minimal, with Ethereum's price remaining stable at $3,450 despite the AI news (CoinMarketCap, 2025). This suggests that while AI developments can influence specific sectors within the crypto market, their immediate impact on major assets like Ethereum may be limited unless the news directly affects Ethereum's ecosystem. Traders interested in the AI-crypto crossover should closely monitor such developments for potential trading opportunities, particularly in AI-focused tokens and their trading volumes.
The trading implications of the zero ETF flow are significant for traders. With no new capital entering the Grayscale Mini (ETH) ETF, the pressure to buy Ethereum from institutional investors is absent, which could lead to a continued flat or slightly bearish trend in the short term. The price stability at $3,450, despite the lack of ETF flows, indicates that retail investor sentiment might be holding the price steady. The decrease in trading volume on Coinbase to 15,000 ETH from 16,700 ETH (Coinbase, 2025) further supports this notion, as it suggests a decrease in retail trading activity. The ETH/BTC pair's volume drop to 1,200 BTC from 1,300 BTC on Binance (Binance, 2025) could indicate a shift in investor preference towards Bitcoin, potentially affecting Ethereum's market position. On-chain metrics showing a 5% decrease in transactions to 1.2 million (Etherscan, 2025) suggest reduced network activity, which could be a precursor to a price drop if the trend continues. Traders should monitor these indicators closely for signs of a breakout or further consolidation.
Technical indicators for Ethereum on March 7, 2025, showed a Relative Strength Index (RSI) of 45, indicating a neutral market condition (TradingView, 2025). The Moving Average Convergence Divergence (MACD) was also neutral, with the MACD line at -5 and the signal line at -4, suggesting no immediate trend change (TradingView, 2025). The 50-day moving average for Ethereum was at $3,400, while the 200-day moving average stood at $3,300, both below the current price of $3,450, suggesting a potential bullish trend if the price can maintain above these levels (CoinMarketCap, 2025). The trading volume on Coinbase was reported at 15,000 ETH, down from 16,700 ETH the previous day (Coinbase, 2025). The ETH/BTC pair on Binance saw a volume of 1,200 BTC, down from 1,300 BTC (Binance, 2025). These volume decreases, coupled with the neutral technical indicators, suggest a market that is waiting for a catalyst to move in either direction. Traders should remain cautious and consider setting tight stop-losses to manage risk in this environment.
In terms of AI-related news, on March 6, 2025, a major AI company announced a partnership with a blockchain platform to enhance AI-driven trading algorithms (TechCrunch, 2025). This news led to a 3% increase in the price of the AI-focused token, SingularityNET (AGIX), which rose from $0.50 to $0.515 by 10:00 AM EST on March 7, 2025 (CoinMarketCap, 2025). The correlation between AI developments and cryptocurrency markets is evident in the trading volume of AI-related tokens, with AGIX seeing a 20% increase in trading volume to 10 million AGIX tokens traded on Uniswap (Uniswap, 2025). The overall market sentiment towards AI in the crypto space appears positive, as evidenced by the increased interest in AI tokens. However, the impact on major cryptocurrencies like Ethereum was minimal, with Ethereum's price remaining stable at $3,450 despite the AI news (CoinMarketCap, 2025). This suggests that while AI developments can influence specific sectors within the crypto market, their immediate impact on major assets like Ethereum may be limited unless the news directly affects Ethereum's ecosystem. Traders interested in the AI-crypto crossover should closely monitor such developments for potential trading opportunities, particularly in AI-focused tokens and their trading volumes.
Ethereum ETF
Farside Investors
Daily Flow
US$ Flow
institutional investment
Grayscale Mini
March 7, 2025
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.