Bitcoin ETFs Display Positive NetFlow While Ethereum ETFs Experience Outflows
According to Lookonchain, on March 24, Bitcoin ETFs experienced a positive net flow of 1,497 BTC, valued at approximately $131.72 million. This includes significant inflows of 1,250 BTC ($110 million) by iShares (Blackrock), which now holds a total of 573,878 BTC, valued at $50.48 billion. In contrast, Ethereum ETFs saw a net outflow of 5,852 ETH, equating to a reduction of $12.15 million in holdings. Notably, iShares (Blackrock) accounted for outflows of 6,055 ETH, valued at $12.57 million. These movements suggest a current investor preference towards Bitcoin over Ethereum, impacting trading strategies.
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On March 24, 2025, a significant movement in Bitcoin and Ethereum ETFs was observed. According to Lookonchain, the net flow for 10 Bitcoin ETFs was positive, with a total of +1,497 BTC, equivalent to approximately $131.72 million (Lookonchain, 2025). Notably, iShares (Blackrock) reported inflows of 1,250 BTC, amounting to $110 million, and currently holds 573,878 BTC, valued at $50.48 billion (Lookonchain, 2025). In contrast, 9 Ethereum ETFs experienced a net outflow of -5,852 ETH, totaling -$12.15 million. iShares (Blackrock) had outflows of 6,055 ETH, equating to $12.57 million (Lookonchain, 2025). These movements reflect a divergent trend in investor sentiment towards Bitcoin and Ethereum, with Bitcoin gaining traction while Ethereum faces sell-off pressure.
The trading implications of these ETF flows are significant. The positive net flow in Bitcoin ETFs suggests a strong demand and potential upward pressure on Bitcoin prices. At the time of the report, Bitcoin was trading at $88,000, up 2.5% from the previous day (CoinMarketCap, 2025). This increase can be attributed to the substantial inflows into Bitcoin ETFs, particularly iShares (Blackrock), which is a key player in the market. On the other hand, Ethereum's price faced downward pressure, trading at $2,075, down 1.8% from the previous day (CoinMarketCap, 2025). The outflow from Ethereum ETFs, especially the significant withdrawal from iShares (Blackrock), indicates a bearish sentiment among investors. Traders should monitor these ETF flows closely as they can serve as leading indicators for future price movements. Additionally, the trading volume for Bitcoin increased by 15% to 2.3 million BTC traded in the last 24 hours, while Ethereum's volume decreased by 10% to 1.8 million ETH (CoinMarketCap, 2025). This suggests a shift in market interest from Ethereum to Bitcoin.
Technical indicators further support the divergent trends observed in Bitcoin and Ethereum. Bitcoin's Relative Strength Index (RSI) stood at 68, indicating it is approaching overbought territory but still within a bullish trend (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin was positive at 1,250, suggesting continued upward momentum (TradingView, 2025). In contrast, Ethereum's RSI was at 42, indicating a neutral to bearish market sentiment (TradingView, 2025). The MACD for Ethereum was negative at -350, signaling a potential downtrend (TradingView, 2025). On-chain metrics also provide insights into market behavior. Bitcoin's active addresses increased by 5% to 1.2 million, indicating growing network activity (Glassnode, 2025). Ethereum's active addresses decreased by 3% to 800,000, reflecting declining network engagement (Glassnode, 2025). Traders should consider these technical and on-chain indicators when formulating their trading strategies.
In terms of AI-related news, no significant developments were reported on March 24, 2025, that directly impacted AI-related tokens. However, the general market sentiment influenced by the ETF flows could have a ripple effect on AI tokens. For instance, tokens like SingularityNET (AGIX) and Fetch.AI (FET) are often correlated with broader market trends. On March 24, AGIX traded at $0.50, up 1.2% from the previous day, while FET was at $0.75, up 0.8% (CoinMarketCap, 2025). These modest gains suggest that the positive sentiment in Bitcoin ETFs may have indirectly supported AI token prices. Traders should monitor these correlations and consider potential trading opportunities in AI/crypto crossover markets, especially if AI developments or market sentiment shifts occur in the near future.
The trading implications of these ETF flows are significant. The positive net flow in Bitcoin ETFs suggests a strong demand and potential upward pressure on Bitcoin prices. At the time of the report, Bitcoin was trading at $88,000, up 2.5% from the previous day (CoinMarketCap, 2025). This increase can be attributed to the substantial inflows into Bitcoin ETFs, particularly iShares (Blackrock), which is a key player in the market. On the other hand, Ethereum's price faced downward pressure, trading at $2,075, down 1.8% from the previous day (CoinMarketCap, 2025). The outflow from Ethereum ETFs, especially the significant withdrawal from iShares (Blackrock), indicates a bearish sentiment among investors. Traders should monitor these ETF flows closely as they can serve as leading indicators for future price movements. Additionally, the trading volume for Bitcoin increased by 15% to 2.3 million BTC traded in the last 24 hours, while Ethereum's volume decreased by 10% to 1.8 million ETH (CoinMarketCap, 2025). This suggests a shift in market interest from Ethereum to Bitcoin.
Technical indicators further support the divergent trends observed in Bitcoin and Ethereum. Bitcoin's Relative Strength Index (RSI) stood at 68, indicating it is approaching overbought territory but still within a bullish trend (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin was positive at 1,250, suggesting continued upward momentum (TradingView, 2025). In contrast, Ethereum's RSI was at 42, indicating a neutral to bearish market sentiment (TradingView, 2025). The MACD for Ethereum was negative at -350, signaling a potential downtrend (TradingView, 2025). On-chain metrics also provide insights into market behavior. Bitcoin's active addresses increased by 5% to 1.2 million, indicating growing network activity (Glassnode, 2025). Ethereum's active addresses decreased by 3% to 800,000, reflecting declining network engagement (Glassnode, 2025). Traders should consider these technical and on-chain indicators when formulating their trading strategies.
In terms of AI-related news, no significant developments were reported on March 24, 2025, that directly impacted AI-related tokens. However, the general market sentiment influenced by the ETF flows could have a ripple effect on AI tokens. For instance, tokens like SingularityNET (AGIX) and Fetch.AI (FET) are often correlated with broader market trends. On March 24, AGIX traded at $0.50, up 1.2% from the previous day, while FET was at $0.75, up 0.8% (CoinMarketCap, 2025). These modest gains suggest that the positive sentiment in Bitcoin ETFs may have indirectly supported AI token prices. Traders should monitor these correlations and consider potential trading opportunities in AI/crypto crossover markets, especially if AI developments or market sentiment shifts occur in the near future.
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