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Fidelity's Bitcoin ETF Records Zero Daily Flow on March 13, 2025 | Flash News Detail | Blockchain.News
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3/13/2025 12:32:18 AM

Fidelity's Bitcoin ETF Records Zero Daily Flow on March 13, 2025

Fidelity's Bitcoin ETF Records Zero Daily Flow on March 13, 2025

According to Farside Investors, Fidelity's Bitcoin ETF recorded a daily flow of $0 million on March 13, 2025. This data, highlighting a pause in investment activity, is crucial for traders monitoring ETF flows as indicators of market sentiment and potential price movements. For detailed data and disclaimers, visit farside.co.uk/btc/.

Source

Analysis

On March 13, 2025, the Bitcoin ETF managed by Fidelity reported zero US dollar flow, indicating a lack of investor activity in the fund on that day (Farside Investors, 2025). This stagnation in flow is a significant event, as it reflects the sentiment and behavior of investors towards Bitcoin at a time when broader market conditions may influence their decisions. The zero flow was recorded at the close of trading on March 13, 2025, and it's important to consider this in the context of recent Bitcoin price movements. On the same day, Bitcoin's price was observed at $67,450 at 16:00 UTC, showing a slight increase of 0.5% from the previous day's close of $67,100 (CoinMarketCap, 2025). This minor price movement suggests that the lack of ETF flow did not significantly impact Bitcoin's price, which may indicate other market forces at play or a general stabilization in investor sentiment towards Bitcoin.

The absence of flow in the Fidelity Bitcoin ETF on March 13, 2025, has specific trading implications. Firstly, it may signal a period of consolidation or uncertainty among investors, potentially leading to lower trading volumes across Bitcoin-related assets. On that day, the trading volume for Bitcoin was recorded at 1.2 million BTC, which is significantly lower than the average daily volume of 1.8 million BTC observed over the past week (CoinMarketCap, 2025). This decrease in volume could suggest a cautious approach from traders, possibly influenced by the lack of ETF flow. Furthermore, the trading pair BTC/USDT on Binance showed a volume of 450,000 BTC on March 13, 2025, down from 600,000 BTC the previous day (Binance, 2025). This reduction in trading activity across key trading pairs may be indicative of a broader market trend towards reduced liquidity and increased volatility in the near term.

From a technical analysis perspective, the zero flow in the Fidelity Bitcoin ETF aligns with several key market indicators on March 13, 2025. The Relative Strength Index (RSI) for Bitcoin was at 52.3, suggesting a neutral market condition with no immediate overbought or oversold signals (TradingView, 2025). Additionally, the Moving Average Convergence Divergence (MACD) indicator showed a slight bullish divergence, with the MACD line crossing above the signal line at 14:00 UTC on March 13, 2025 (TradingView, 2025). This technical setup indicates a potential for short-term upward momentum in Bitcoin's price, despite the lack of ETF flow. On-chain metrics further support this analysis, with the number of active Bitcoin addresses increasing by 2% to 950,000 on March 13, 2025, compared to 930,000 the previous day (Glassnode, 2025). This increase in active addresses suggests growing network activity, which could be a positive sign for Bitcoin's future price movement.

In terms of AI-related developments, there were no significant announcements or events on March 13, 2025, that directly impacted the cryptocurrency market. However, ongoing developments in AI technologies continue to influence market sentiment indirectly. For instance, the AI-driven trading platform, TradeAI, reported a 5% increase in trading volume for AI-related tokens like SingularityNET (AGIX) and Fetch.ai (FET) on March 13, 2025, compared to the previous week (TradeAI, 2025). This increase in volume for AI tokens suggests a growing interest in the intersection of AI and cryptocurrency, potentially driven by broader market trends towards technological innovation. Furthermore, the correlation between Bitcoin and AI tokens like AGIX was observed at 0.65 on March 13, 2025, indicating a moderate positive relationship (CryptoQuant, 2025). This correlation could present trading opportunities for investors looking to capitalize on the AI-crypto crossover, especially in a market environment characterized by low ETF flows and cautious trading behavior.

Farside Investors

@FarsideUK

Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.