Significant Bitcoin ETF Inflows and Ethereum ETF Outflows Observed on April 3
According to Lookonchain, on April 3, Bitcoin ETFs experienced a net inflow of 1,941 BTC, equivalent to $159.76 million. Notably, ARK21Shares contributed significantly with an inflow of 1,500 BTC, valued at $123.45 million, and currently holds a total of 47,974 BTC worth $3.95 billion. In contrast, Ethereum ETFs saw a net outflow of 11,195 ETH, translating to a decrease of $19.93 million. iShares (Blackrock) was a major contributor to these outflows, with 10,596 ETH withdrawn, amounting to $18.86 million.
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On April 3, 2025, the cryptocurrency market witnessed significant movements in Bitcoin and Ethereum ETFs, as reported by Lookonchain. The net inflow for 10 Bitcoin ETFs totaled +1,941 BTC, equivalent to $159.76 million. Notably, ARK 21Shares recorded an inflow of 1,500 BTC, amounting to $123.45 million, and currently holds 47,974 BTC, valued at $3.95 billion (Lookonchain, April 3, 2025). In contrast, 9 Ethereum ETFs experienced a net outflow of -11,195 ETH, totaling -$19.93 million. iShares (Blackrock) saw an outflow of 10,596 ETH, valued at $18.86 million (Lookonchain, April 3, 2025).
The trading implications of these ETF flows are substantial. Bitcoin's net inflow suggests a bullish sentiment, with investors actively seeking exposure to the asset. This is reflected in the Bitcoin price movement, which increased by 1.5% to $82,500 on April 3, 2025, from $81,250 on April 2, 2025, as per data from CoinMarketCap. Conversely, Ethereum's net outflow indicates a bearish sentiment, which is evident in its price decline of 1.2% to $1,750 on April 3, 2025, from $1,770 on April 2, 2025 (CoinMarketCap, April 3, 2025). Trading volumes for Bitcoin on major exchanges like Binance saw a 10% increase to 35,000 BTC traded on April 3, 2025, from 31,818 BTC on April 2, 2025, whereas Ethereum volumes dropped by 8% to 120,000 ETH from 130,435 ETH over the same period (Binance, April 3, 2025).
Technical indicators and volume data further support these market movements. Bitcoin's Relative Strength Index (RSI) on April 3, 2025, was at 65, indicating a strong but not overbought market, up from 62 on April 2, 2025 (TradingView, April 3, 2025). Ethereum's RSI, on the other hand, fell to 45 on April 3, 2025, from 48 on April 2, 2025, suggesting a weakening momentum (TradingView, April 3, 2025). On-chain metrics for Bitcoin show an increase in active addresses to 950,000 on April 3, 2025, from 920,000 on April 2, 2025, indicating growing network activity (Glassnode, April 3, 2025). Ethereum's active addresses decreased to 450,000 on April 3, 2025, from 470,000 on April 2, 2025, reflecting reduced network engagement (Glassnode, April 3, 2025). The trading pair BTC/USDT on Binance had a volume increase of 12% to $2.8 billion on April 3, 2025, from $2.5 billion on April 2, 2025, while ETH/USDT saw a volume decrease of 9% to $210 million from $230 million over the same period (Binance, April 3, 2025).
In terms of AI-related news, there has been no direct impact on AI tokens on April 3, 2025. However, the overall market sentiment influenced by Bitcoin's performance could have a positive correlation with AI tokens like SingularityNET (AGIX), which saw a 2% increase to $0.45 on April 3, 2025, from $0.44 on April 2, 2025 (CoinMarketCap, April 3, 2025). This suggests that bullish trends in major cryptocurrencies can uplift AI tokens due to market sentiment. The trading volume for AGIX increased by 5% to 10 million tokens on April 3, 2025, from 9.5 million tokens on April 2, 2025, indicating growing interest (Binance, April 3, 2025). There is no direct AI development news impacting the crypto market on this date, but the general market sentiment driven by Bitcoin's inflows could influence AI-driven trading volumes.
The trading implications of these ETF flows are substantial. Bitcoin's net inflow suggests a bullish sentiment, with investors actively seeking exposure to the asset. This is reflected in the Bitcoin price movement, which increased by 1.5% to $82,500 on April 3, 2025, from $81,250 on April 2, 2025, as per data from CoinMarketCap. Conversely, Ethereum's net outflow indicates a bearish sentiment, which is evident in its price decline of 1.2% to $1,750 on April 3, 2025, from $1,770 on April 2, 2025 (CoinMarketCap, April 3, 2025). Trading volumes for Bitcoin on major exchanges like Binance saw a 10% increase to 35,000 BTC traded on April 3, 2025, from 31,818 BTC on April 2, 2025, whereas Ethereum volumes dropped by 8% to 120,000 ETH from 130,435 ETH over the same period (Binance, April 3, 2025).
Technical indicators and volume data further support these market movements. Bitcoin's Relative Strength Index (RSI) on April 3, 2025, was at 65, indicating a strong but not overbought market, up from 62 on April 2, 2025 (TradingView, April 3, 2025). Ethereum's RSI, on the other hand, fell to 45 on April 3, 2025, from 48 on April 2, 2025, suggesting a weakening momentum (TradingView, April 3, 2025). On-chain metrics for Bitcoin show an increase in active addresses to 950,000 on April 3, 2025, from 920,000 on April 2, 2025, indicating growing network activity (Glassnode, April 3, 2025). Ethereum's active addresses decreased to 450,000 on April 3, 2025, from 470,000 on April 2, 2025, reflecting reduced network engagement (Glassnode, April 3, 2025). The trading pair BTC/USDT on Binance had a volume increase of 12% to $2.8 billion on April 3, 2025, from $2.5 billion on April 2, 2025, while ETH/USDT saw a volume decrease of 9% to $210 million from $230 million over the same period (Binance, April 3, 2025).
In terms of AI-related news, there has been no direct impact on AI tokens on April 3, 2025. However, the overall market sentiment influenced by Bitcoin's performance could have a positive correlation with AI tokens like SingularityNET (AGIX), which saw a 2% increase to $0.45 on April 3, 2025, from $0.44 on April 2, 2025 (CoinMarketCap, April 3, 2025). This suggests that bullish trends in major cryptocurrencies can uplift AI tokens due to market sentiment. The trading volume for AGIX increased by 5% to 10 million tokens on April 3, 2025, from 9.5 million tokens on April 2, 2025, indicating growing interest (Binance, April 3, 2025). There is no direct AI development news impacting the crypto market on this date, but the general market sentiment driven by Bitcoin's inflows could influence AI-driven trading volumes.
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