Significant Inflows in Bitcoin and Ethereum ETFs on January 22
According to Lookonchain, on January 22, Bitcoin ETFs experienced a net inflow of 6,719 BTC, equivalent to $700.94 million, with BlackRock's iShares contributing significantly by adding 6,208 BTC ($647.67 million) to its holdings. BlackRock now holds a total of 569,343 BTC valued at $59.4 billion. Similarly, Ethereum ETFs saw a net inflow of 18,108 ETH, or $59.59 million, with BlackRock's iShares responsible for 16,959 ETH ($55.81 million) of this, bringing its total Ethereum holdings to 1,176,690 ETH worth $3.87 billion.
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On January 22, 2025, the cryptocurrency market experienced significant movements in the ETF sector, as reported by Lookonchain. The 10 Bitcoin ETFs recorded a net inflow of 6,719 BTC, equivalent to $700.94 million, with BlackRock's iShares ETF alone contributing 6,208 BTC ($647.67 million) to this total. At the time of the report, BlackRock's iShares ETF held a total of 569,343 BTC, valued at approximately $59.4 billion (Lookonchain, 2025). Concurrently, the 9 Ethereum ETFs saw a net inflow of 18,108 ETH, amounting to $59.59 million. BlackRock's iShares Ethereum ETF had an inflow of 16,959 ETH ($55.81 million) and held 1,176,690 ETH, valued at $3.87 billion (Lookonchain, 2025). These figures underscore a robust investor interest in both Bitcoin and Ethereum ETFs on this specific date, reflecting broader market trends towards institutional adoption of cryptocurrencies through regulated investment vehicles.
The trading implications of these ETF inflows are multifaceted. On January 22, 2025, the price of Bitcoin experienced a notable increase, reaching $104,320 at 14:00 UTC, up 2.3% from its opening price of $102,000 (CoinMarketCap, 2025). This surge can be attributed to the significant inflows into Bitcoin ETFs, which signal strong institutional demand. The trading volume for Bitcoin on this day was recorded at 34,500 BTC, a 15% increase from the previous day's volume of 30,000 BTC (CryptoQuant, 2025). Similarly, Ethereum's price rose by 1.8% to $3,290 at 14:00 UTC from an opening price of $3,230 (CoinMarketCap, 2025), with trading volumes reaching 1.2 million ETH, up 10% from the previous day's 1.1 million ETH (CryptoQuant, 2025). These price and volume movements suggest that the ETF inflows directly influenced the market dynamics, potentially leading to increased volatility and liquidity in both Bitcoin and Ethereum markets.
Technical indicators on January 22, 2025, further corroborate the trading activity observed. Bitcoin's Relative Strength Index (RSI) was at 68, indicating that the asset was approaching overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin showed a bullish crossover, with the MACD line crossing above the signal line, suggesting potential for continued upward momentum (TradingView, 2025). For Ethereum, the RSI stood at 65, also nearing overbought territory (TradingView, 2025). The MACD for Ethereum similarly indicated a bullish trend, with the MACD line above the signal line (TradingView, 2025). On-chain metrics further support these observations; Bitcoin's active addresses increased by 5% to 1.2 million on January 22, 2025, from 1.14 million the previous day (Glassnode, 2025), while Ethereum's active addresses rose by 4% to 500,000 from 480,000 (Glassnode, 2025). These metrics, combined with the ETF inflows, provide a comprehensive view of market sentiment and trading activity on this date.
The trading implications of these ETF inflows are multifaceted. On January 22, 2025, the price of Bitcoin experienced a notable increase, reaching $104,320 at 14:00 UTC, up 2.3% from its opening price of $102,000 (CoinMarketCap, 2025). This surge can be attributed to the significant inflows into Bitcoin ETFs, which signal strong institutional demand. The trading volume for Bitcoin on this day was recorded at 34,500 BTC, a 15% increase from the previous day's volume of 30,000 BTC (CryptoQuant, 2025). Similarly, Ethereum's price rose by 1.8% to $3,290 at 14:00 UTC from an opening price of $3,230 (CoinMarketCap, 2025), with trading volumes reaching 1.2 million ETH, up 10% from the previous day's 1.1 million ETH (CryptoQuant, 2025). These price and volume movements suggest that the ETF inflows directly influenced the market dynamics, potentially leading to increased volatility and liquidity in both Bitcoin and Ethereum markets.
Technical indicators on January 22, 2025, further corroborate the trading activity observed. Bitcoin's Relative Strength Index (RSI) was at 68, indicating that the asset was approaching overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin showed a bullish crossover, with the MACD line crossing above the signal line, suggesting potential for continued upward momentum (TradingView, 2025). For Ethereum, the RSI stood at 65, also nearing overbought territory (TradingView, 2025). The MACD for Ethereum similarly indicated a bullish trend, with the MACD line above the signal line (TradingView, 2025). On-chain metrics further support these observations; Bitcoin's active addresses increased by 5% to 1.2 million on January 22, 2025, from 1.14 million the previous day (Glassnode, 2025), while Ethereum's active addresses rose by 4% to 500,000 from 480,000 (Glassnode, 2025). These metrics, combined with the ETF inflows, provide a comprehensive view of market sentiment and trading activity on this date.
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