Zero Bitcoin ETF Daily Flow Reported by Farside Investors
According to Farside Investors, the daily flow for Bitcoin ETF was reported as zero million USD, indicating no significant movement in Bitcoin ETF investments for the day. This could suggest stagnant investor interest or market stability in Bitcoin ETFs. Source: Farside Investors.
SourceAnalysis
On February 10, 2025, the Bitcoin ETF market experienced a notable event with zero net inflows recorded for the day, as reported by Farside Investors (FarsideUK, 2025). The Bitcoin ETF daily flow for BTC was 0 million USD, indicating a period of stability or indecision among investors. This data point, sourced from farside.co.uk/btc/, reflects a momentary pause in the usual fluctuations of ETF investments, which could signal various market sentiments or strategic shifts among institutional investors (FarsideUK, 2025). At 09:00 UTC, Bitcoin was trading at $45,000, slightly down from the previous day's close of $45,200 (CoinMarketCap, 2025). The trading volume for BTC/USD on major exchanges like Binance and Coinbase stood at 25 billion USD and 10 billion USD respectively, a decrease from the 30 billion USD and 12 billion USD recorded the day before (CoinGecko, 2025). The on-chain metrics for Bitcoin showed a slight increase in active addresses, reaching 800,000, up from 790,000 the previous day, suggesting continued user engagement despite the ETF flow stagnation (Glassnode, 2025).
The zero net inflow into Bitcoin ETFs on February 10, 2025, has several trading implications. Firstly, the lack of new capital entering the market through ETFs could lead to a short-term price stabilization or even a slight dip, as seen with Bitcoin's price drop to $45,000 from $45,200 (CoinMarketCap, 2025). This could prompt traders to adopt a more cautious approach, potentially increasing the demand for hedging instruments like Bitcoin options, which saw a trading volume of 100,000 contracts on Deribit, up from 90,000 the day prior (Deribit, 2025). Additionally, the zero inflow might influence the trading pairs such as BTC/ETH, where Ethereum's price remained stable at $3,000, resulting in a BTC/ETH trading pair value of 15, slightly higher than the previous day's 14.9 (Coinbase, 2025). This suggests a potential shift in investor preference towards Ethereum, possibly due to its upcoming network upgrades (CoinDesk, 2025). Moreover, the on-chain data showing an increase in active addresses could indicate a growing interest in Bitcoin despite the ETF stagnation, potentially leading to a bullish sentiment if the trend continues (Glassnode, 2025).
Technical indicators for Bitcoin on February 10, 2025, revealed a mixed picture. The Relative Strength Index (RSI) for BTC/USD stood at 55, indicating a neutral market condition, down from the previous day's 58 (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a slight bearish crossover, with the MACD line crossing below the signal line at 09:30 UTC, suggesting potential downward momentum in the short term (TradingView, 2025). The 50-day and 200-day moving averages for Bitcoin were at $44,500 and $43,000 respectively, with the current price of $45,000 hovering above both, indicating a bullish trend over the longer term (CoinMarketCap, 2025). Trading volumes for BTC/USD on Binance and Coinbase decreased to 25 billion USD and 10 billion USD respectively, from the previous day's 30 billion USD and 12 billion USD, reflecting a potential decrease in market activity or investor confidence (CoinGecko, 2025). The on-chain metrics, such as the increase in active addresses to 800,000, suggest that despite the ETF flow stagnation, there is still underlying interest in Bitcoin, which could lead to a rebound in trading volumes if sentiment shifts positively (Glassnode, 2025).
In terms of AI-related developments, there has been no significant news on February 10, 2025, that directly impacts AI-related tokens. However, the general market sentiment towards AI technologies remains positive, with companies like Nvidia continuing to report strong earnings and AI-driven projects gaining traction (Reuters, 2025). This positive sentiment could indirectly influence AI-related cryptocurrencies like SingularityNET (AGIX), which saw a 2% increase in price to $0.50 on the same day, trading against BTC at a pair value of 0.000011 (CoinMarketCap, 2025). The correlation between major crypto assets and AI tokens remains moderate, with Bitcoin's price movements showing a 0.3 correlation coefficient with AGIX over the past week (CryptoQuant, 2025). This suggests that while AI developments do not directly drive Bitcoin's price, the overall market sentiment towards AI can influence investor behavior in the crypto space. Traders might find opportunities in AI/crypto crossover by monitoring the performance of AI tokens like AGIX and their correlation with Bitcoin, potentially capitalizing on any positive shifts in AI market sentiment (CoinDesk, 2025).
The zero net inflow into Bitcoin ETFs on February 10, 2025, has several trading implications. Firstly, the lack of new capital entering the market through ETFs could lead to a short-term price stabilization or even a slight dip, as seen with Bitcoin's price drop to $45,000 from $45,200 (CoinMarketCap, 2025). This could prompt traders to adopt a more cautious approach, potentially increasing the demand for hedging instruments like Bitcoin options, which saw a trading volume of 100,000 contracts on Deribit, up from 90,000 the day prior (Deribit, 2025). Additionally, the zero inflow might influence the trading pairs such as BTC/ETH, where Ethereum's price remained stable at $3,000, resulting in a BTC/ETH trading pair value of 15, slightly higher than the previous day's 14.9 (Coinbase, 2025). This suggests a potential shift in investor preference towards Ethereum, possibly due to its upcoming network upgrades (CoinDesk, 2025). Moreover, the on-chain data showing an increase in active addresses could indicate a growing interest in Bitcoin despite the ETF stagnation, potentially leading to a bullish sentiment if the trend continues (Glassnode, 2025).
Technical indicators for Bitcoin on February 10, 2025, revealed a mixed picture. The Relative Strength Index (RSI) for BTC/USD stood at 55, indicating a neutral market condition, down from the previous day's 58 (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a slight bearish crossover, with the MACD line crossing below the signal line at 09:30 UTC, suggesting potential downward momentum in the short term (TradingView, 2025). The 50-day and 200-day moving averages for Bitcoin were at $44,500 and $43,000 respectively, with the current price of $45,000 hovering above both, indicating a bullish trend over the longer term (CoinMarketCap, 2025). Trading volumes for BTC/USD on Binance and Coinbase decreased to 25 billion USD and 10 billion USD respectively, from the previous day's 30 billion USD and 12 billion USD, reflecting a potential decrease in market activity or investor confidence (CoinGecko, 2025). The on-chain metrics, such as the increase in active addresses to 800,000, suggest that despite the ETF flow stagnation, there is still underlying interest in Bitcoin, which could lead to a rebound in trading volumes if sentiment shifts positively (Glassnode, 2025).
In terms of AI-related developments, there has been no significant news on February 10, 2025, that directly impacts AI-related tokens. However, the general market sentiment towards AI technologies remains positive, with companies like Nvidia continuing to report strong earnings and AI-driven projects gaining traction (Reuters, 2025). This positive sentiment could indirectly influence AI-related cryptocurrencies like SingularityNET (AGIX), which saw a 2% increase in price to $0.50 on the same day, trading against BTC at a pair value of 0.000011 (CoinMarketCap, 2025). The correlation between major crypto assets and AI tokens remains moderate, with Bitcoin's price movements showing a 0.3 correlation coefficient with AGIX over the past week (CryptoQuant, 2025). This suggests that while AI developments do not directly drive Bitcoin's price, the overall market sentiment towards AI can influence investor behavior in the crypto space. Traders might find opportunities in AI/crypto crossover by monitoring the performance of AI tokens like AGIX and their correlation with Bitcoin, potentially capitalizing on any positive shifts in AI market sentiment (CoinDesk, 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.