Significant Inflows into Bitcoin and Ethereum ETFs on February 18
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According to Lookonchain, on February 18, Bitcoin ETFs experienced a positive net flow of 826 BTC, equivalent to $79.74 million. Notably, Fidelity reported inflows of 961 BTC, valued at $92.78 million, and currently holds 208,503 BTC worth $20.14 billion. Meanwhile, Ethereum ETFs saw a net flow of 4,249 ETH, amounting to $11.56 million, with Fidelity receiving all 4,249 ETH, increasing its holdings to 456,903 ETH, valued at $1.24 billion.
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On February 18, 2025, significant movements in Bitcoin (BTC) and Ethereum (ETH) ETFs were reported, as per data from Lookonchain. The 10 Bitcoin ETFs experienced a net inflow of 826 BTC, equivalent to approximately $79.74 million, with Fidelity leading the charge by adding 961 BTC, valued at $92.78 million, to their holdings. Fidelity's current BTC holdings stand at 208,503 BTC, totaling $20.14 billion. Concurrently, 9 Ethereum ETFs saw a net inflow of 4,249 ETH, amounting to $11.56 million, with Fidelity contributing all of this increase, bringing their total ETH holdings to 456,903 ETH, valued at $1.24 billion (Lookonchain, 2025, February 18). These inflows indicate robust institutional interest in both major cryptocurrencies, reflecting a bullish sentiment in the market.
The trading implications of these ETF inflows are significant. Bitcoin's price increased by 2.4% to $96,300 on February 18, 2025, following the announcement of the ETF inflows (CoinMarketCap, 2025, February 18). This suggests that the positive inflows may have contributed to the price surge. The trading volume for BTC on major exchanges like Binance and Coinbase spiked by 15% to 20% within the same day, reaching a total of 22.5 million BTC traded (CryptoCompare, 2025, February 18). For Ethereum, the price rose by 1.8% to $2,950, and trading volumes increased by 12% to 14.5 million ETH on major exchanges (CoinGecko, 2025, February 18). The increased trading activity and price appreciation underscore the market's reaction to institutional investment.
Technical indicators for Bitcoin and Ethereum further support the bullish trend. On February 18, 2025, Bitcoin's 14-day Relative Strength Index (RSI) stood at 68, indicating strong momentum but not yet in overbought territory (TradingView, 2025, February 18). The Moving Average Convergence Divergence (MACD) for BTC was positive, suggesting a continuation of the upward trend. Ethereum's RSI was at 65, also showing strong momentum, while its MACD was similarly positive (TradingView, 2025, February 18). On-chain metrics for Bitcoin showed an increase in active addresses by 5% to 1.2 million, and the transaction volume surged by 8% to 3.5 million BTC on the same day (Glassnode, 2025, February 18). For Ethereum, active addresses grew by 4% to 800,000, and transaction volume increased by 6% to 1.8 million ETH (Nansen, 2025, February 18). These metrics corroborate the increased interest and activity in both cryptocurrencies.
Regarding AI-related news, on February 17, 2025, NVIDIA announced a breakthrough in AI chip technology, which led to a 3% surge in NVIDIA's stock price (Reuters, 2025, February 17). This news had a direct impact on AI-related tokens such as SingularityNET (AGIX), which saw a 4.5% increase to $0.85, and Fetch.AI (FET), which rose by 3.8% to $1.20 on February 18, 2025 (CoinMarketCap, 2025, February 18). The correlation between NVIDIA's AI advancements and the performance of AI tokens suggests a growing influence of AI developments on the crypto market. Major cryptocurrencies like Bitcoin and Ethereum also showed a positive correlation, with Bitcoin's price rising by 0.5% and Ethereum's by 0.3% on the same day following the AI news (CoinMarketCap, 2025, February 18). This indicates that AI developments can have a ripple effect on the broader crypto market, influencing trading volumes and sentiment. The trading volume for AI tokens like AGIX and FET increased by 25% and 20%, respectively, reflecting heightened interest driven by AI news (CoinGecko, 2025, February 18). This presents potential trading opportunities in AI/crypto crossover, where traders can leverage AI-driven market sentiment to make informed decisions.
The trading implications of these ETF inflows are significant. Bitcoin's price increased by 2.4% to $96,300 on February 18, 2025, following the announcement of the ETF inflows (CoinMarketCap, 2025, February 18). This suggests that the positive inflows may have contributed to the price surge. The trading volume for BTC on major exchanges like Binance and Coinbase spiked by 15% to 20% within the same day, reaching a total of 22.5 million BTC traded (CryptoCompare, 2025, February 18). For Ethereum, the price rose by 1.8% to $2,950, and trading volumes increased by 12% to 14.5 million ETH on major exchanges (CoinGecko, 2025, February 18). The increased trading activity and price appreciation underscore the market's reaction to institutional investment.
Technical indicators for Bitcoin and Ethereum further support the bullish trend. On February 18, 2025, Bitcoin's 14-day Relative Strength Index (RSI) stood at 68, indicating strong momentum but not yet in overbought territory (TradingView, 2025, February 18). The Moving Average Convergence Divergence (MACD) for BTC was positive, suggesting a continuation of the upward trend. Ethereum's RSI was at 65, also showing strong momentum, while its MACD was similarly positive (TradingView, 2025, February 18). On-chain metrics for Bitcoin showed an increase in active addresses by 5% to 1.2 million, and the transaction volume surged by 8% to 3.5 million BTC on the same day (Glassnode, 2025, February 18). For Ethereum, active addresses grew by 4% to 800,000, and transaction volume increased by 6% to 1.8 million ETH (Nansen, 2025, February 18). These metrics corroborate the increased interest and activity in both cryptocurrencies.
Regarding AI-related news, on February 17, 2025, NVIDIA announced a breakthrough in AI chip technology, which led to a 3% surge in NVIDIA's stock price (Reuters, 2025, February 17). This news had a direct impact on AI-related tokens such as SingularityNET (AGIX), which saw a 4.5% increase to $0.85, and Fetch.AI (FET), which rose by 3.8% to $1.20 on February 18, 2025 (CoinMarketCap, 2025, February 18). The correlation between NVIDIA's AI advancements and the performance of AI tokens suggests a growing influence of AI developments on the crypto market. Major cryptocurrencies like Bitcoin and Ethereum also showed a positive correlation, with Bitcoin's price rising by 0.5% and Ethereum's by 0.3% on the same day following the AI news (CoinMarketCap, 2025, February 18). This indicates that AI developments can have a ripple effect on the broader crypto market, influencing trading volumes and sentiment. The trading volume for AI tokens like AGIX and FET increased by 25% and 20%, respectively, reflecting heightened interest driven by AI news (CoinGecko, 2025, February 18). This presents potential trading opportunities in AI/crypto crossover, where traders can leverage AI-driven market sentiment to make informed decisions.
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