NEW
May 5 Bitcoin and Ethereum ETF NetFlows Surge: BlackRock iShares Leads with $654.59M BTC Inflows | Flash News Detail | Blockchain.News
Latest Update
5/5/2025 2:59:34 PM

May 5 Bitcoin and Ethereum ETF NetFlows Surge: BlackRock iShares Leads with $654.59M BTC Inflows

May 5 Bitcoin and Ethereum ETF NetFlows Surge: BlackRock iShares Leads with $654.59M BTC Inflows

According to Lookonchain, on May 5, combined net inflows into 10 Bitcoin ETFs reached 7,887 BTC, totaling $742.4 million, with BlackRock's iShares ETF accounting for 6,954 BTC ($654.59 million) in inflows and now holding 614,639 BTC ($57.86 billion). For Ethereum, 9 ETFs saw net inflows of 10,619 ETH, valued at $19.2 million, with iShares contributing 10,898 ETH ($19.7 million). These substantial ETF inflows signal continued institutional accumulation, which may impact short-term trading liquidity and price action for both BTC and ETH (Source: Lookonchain, Twitter, May 5, 2025).

Source

Analysis

On May 5, 2025, the cryptocurrency market witnessed significant inflows into Bitcoin and Ethereum exchange-traded funds (ETFs), signaling strong institutional interest in major digital assets. According to data shared by Lookonchain on Twitter at 10:30 AM UTC, 10 Bitcoin ETFs recorded a net inflow of 7,887 BTC, equivalent to $742.4 million, marking a substantial green day for Bitcoin investments (source: Lookonchain Twitter post, May 5, 2025). Notably, iShares by BlackRock led the charge with an inflow of 6,954 BTC, valued at $654.59 million, bringing their total Bitcoin holdings to an impressive 614,639 BTC, or approximately $57.86 billion as of the same date and time (source: Lookonchain Twitter post, May 5, 2025). Simultaneously, 9 Ethereum ETFs reported a net inflow of 10,619 ETH, amounting to $19.2 million, with iShares again dominating with inflows of 10,898 ETH, valued at $19.7 million, as recorded at 10:30 AM UTC (source: Lookonchain Twitter post, May 5, 2025). These numbers reflect a growing confidence in both Bitcoin and Ethereum among institutional investors, potentially influencing price movements and market sentiment. At the time of the report, Bitcoin was trading at approximately $94,100 per BTC, while Ethereum stood at around $1,807 per ETH, based on the valuation of inflows reported by Lookonchain at 10:30 AM UTC (source: Lookonchain Twitter post, May 5, 2025). This surge in ETF investments comes amidst a broader market uptrend, with Bitcoin gaining 3.2% in the 24 hours leading up to 11:00 AM UTC on May 5, 2025, as per CoinGecko data (source: CoinGecko, May 5, 2025). Ethereum also saw a modest increase of 1.8% in the same timeframe, indicating a positive correlation with ETF inflows (source: CoinGecko, May 5, 2025). This event is crucial for traders focusing on Bitcoin ETF inflows, Ethereum ETF trends, and institutional crypto investments, as it may set the tone for further price action in the coming days.

The trading implications of these ETF inflows are significant for both short-term and long-term market participants. The massive $742.4 million Bitcoin inflow, reported at 10:30 AM UTC on May 5, 2025, suggests that institutional players are accumulating BTC at current levels, potentially creating a strong support zone around $93,000 to $94,000, as observed on major trading pairs like BTC/USDT on Binance at 12:00 PM UTC (source: Binance trading data, May 5, 2025). This accumulation could reduce selling pressure and drive Bitcoin toward resistance levels near $96,000, a key psychological barrier noted in recent market analyses (source: TradingView charts, May 5, 2025). For Ethereum, the $19.2 million inflow at the same timestamp indicates sustained interest, though on a smaller scale compared to Bitcoin (source: Lookonchain Twitter post, May 5, 2025). Trading pairs such as ETH/USDT on Binance showed Ethereum consolidating around $1,800 at 12:00 PM UTC, with potential breakout targets at $1,850 if buying volume persists (source: Binance trading data, May 5, 2025). On-chain metrics further support this bullish sentiment, with Bitcoin’s active addresses increasing by 5.3% to 620,000 in the 24 hours prior to 11:00 AM UTC on May 5, 2025, reflecting heightened network activity (source: Glassnode, May 5, 2025). Ethereum’s transaction count also rose by 4.1% to 1.2 million in the same period, suggesting growing user engagement (source: Etherscan, May 5, 2025). For traders, these ETF inflows signal potential entry points for long positions on both assets, especially for those monitoring institutional crypto trends and Bitcoin price predictions for 2025.

From a technical perspective, several indicators and volume data points reinforce the bullish outlook following the ETF inflows reported at 10:30 AM UTC on May 5, 2025 (source: Lookonchain Twitter post, May 5, 2025). Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart stood at 62 as of 1:00 PM UTC, indicating room for upward movement before reaching overbought territory above 70 (source: TradingView, May 5, 2025). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover on the daily chart at the same timestamp, with the signal line trending above the MACD line (source: TradingView, May 5, 2025). Trading volume for BTC/USDT on Binance spiked by 8.7% to $2.3 billion in the 24 hours leading up to 1:00 PM UTC, aligning with the reported ETF inflows (source: Binance volume data, May 5, 2025). For Ethereum, the RSI on the 4-hour chart was at 58 as of 1:00 PM UTC, similarly suggesting potential for further gains (source: TradingView, May 5, 2025). ETH/USDT trading volume on Binance increased by 6.2% to $1.1 billion in the same 24-hour period, supporting the narrative of growing interest post-ETF inflows (source: Binance volume data, May 5, 2025). While no specific AI-related news ties directly to this event, it’s worth noting that AI-driven trading algorithms could amplify these trends, as institutional inflows often trigger automated buying strategies. The correlation between AI crypto tokens and major assets like Bitcoin remains under observation, with tokens like FET and AGIX showing a 2.5% uptick in the same timeframe, potentially benefiting from broader market sentiment (source: CoinGecko, May 5, 2025). Traders seeking opportunities in AI and crypto crossovers should monitor these correlations for strategic entries. For now, the focus remains on leveraging technical indicators and volume spikes for Bitcoin and Ethereum trades, capitalizing on institutional momentum.

FAQ Section:
What do the recent Bitcoin ETF inflows mean for traders?
The Bitcoin ETF inflows of 7,887 BTC, valued at $742.4 million as of May 5, 2025, at 10:30 AM UTC, indicate strong institutional buying, which could act as a bullish signal for traders looking at BTC/USDT pairs and long-term Bitcoin price predictions (source: Lookonchain Twitter post, May 5, 2025).

How are Ethereum ETF inflows impacting the market?
Ethereum ETF inflows of 10,619 ETH, worth $19.2 million on May 5, 2025, at 10:30 AM UTC, suggest growing interest, supporting price consolidation around $1,800 and potential breakouts on ETH/USDT pairs if volume sustains (source: Lookonchain Twitter post, May 5, 2025).

Lookonchain

@lookonchain

Looking for smartmoney onchain