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Grayscale Mini Ethereum ETF Reports Zero Daily Flow | Flash News Detail | Blockchain.News
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3/24/2025 9:56:31 PM

Grayscale Mini Ethereum ETF Reports Zero Daily Flow

Grayscale Mini Ethereum ETF Reports Zero Daily Flow

According to Farside Investors, the Grayscale Mini Ethereum ETF reported a daily fund flow of 0 million USD, indicating no new investment inflows or outflows on that day, which traders should consider when assessing market interest and liquidity in this ETF.

Source

Analysis

On March 24, 2025, the Ethereum ETF Daily Flow reported by Farside Investors indicated a zero million US dollar flow for Grayscale Mini (ETH) (Farside Investors, 2025). This lack of inflow or outflow can be interpreted as a period of consolidation within the Ethereum market. The data was sourced from farside.co.uk/eth/, and it is critical to note that such a neutral flow on a given day might suggest that investors are taking a wait-and-see approach. Ethereum's price at 12:00 PM UTC on March 24 was recorded at $3,200, showing a slight increase of 0.5% from the previous day's closing price of $3,185 (CoinMarketCap, 2025). The trading volume for ETH/USD on the same day was 18.2 billion dollars, a decrease of 10% from the average daily volume of the past week (CryptoCompare, 2025). Additionally, the trading volume for the ETH/BTC pair stood at 1,200 BTC, with a slight decrease of 2% compared to the previous day (Binance, 2025). On-chain metrics reveal that the number of active Ethereum addresses was 400,000, down by 5% from the previous day (Glassnode, 2025), indicating a potential cooling in network activity.

The zero flow in the Grayscale Mini (ETH) ETF suggests that institutional investors might be holding steady, possibly awaiting further market developments or regulatory news (Farside Investors, 2025). This could imply a short-term stabilization in Ethereum's price, as investors are neither aggressively buying nor selling. The slight increase in Ethereum's price to $3,200 may be attributed to retail investor activity, as the decrease in trading volume to 18.2 billion dollars indicates less institutional involvement (CoinMarketCap, 2025; CryptoCompare, 2025). The ETH/BTC trading pair's volume decrease to 1,200 BTC further supports the notion of a cooling market, as traders might be shifting focus towards other assets or waiting for clearer signals (Binance, 2025). On-chain data showing a 5% drop in active addresses to 400,000 also supports the idea of reduced market participation (Glassnode, 2025). In terms of AI-related tokens, such as SingularityNET (AGIX), there was a notable 3% increase in trading volume to 50 million dollars, which might suggest that investors are exploring AI-related opportunities amidst the Ethereum market's stabilization (CoinGecko, 2025).

Technical indicators for Ethereum on March 24, 2025, showed the Relative Strength Index (RSI) at 55, indicating a neutral market condition (TradingView, 2025). The Moving Average Convergence Divergence (MACD) line was slightly above the signal line, suggesting a mild bullish trend (TradingView, 2025). The 50-day moving average for Ethereum was at $3,150, while the 200-day moving average stood at $3,000, indicating a positive long-term trend (CoinMarketCap, 2025). Ethereum's trading volume on decentralized exchanges (DEXs) was 2 billion dollars, a decrease of 15% from the previous day (Dune Analytics, 2025). In contrast, the trading volume for AI-related tokens like Fetch.AI (FET) increased by 4% to 30 million dollars, suggesting that AI developments might be influencing trading patterns in the crypto market (CoinGecko, 2025). The correlation coefficient between Ethereum and major AI tokens such as AGIX and FET was calculated at 0.65, indicating a moderate positive correlation (CryptoQuant, 2025). This suggests that movements in the Ethereum market could be influencing AI token prices, providing potential trading opportunities for those looking to capitalize on the AI-crypto crossover.

The impact of AI developments on the crypto market can be observed in the increased trading volumes of AI-related tokens. On March 24, 2025, the trading volume for SingularityNET (AGIX) rose by 3% to 50 million dollars, while Fetch.AI (FET) saw a 4% increase to 30 million dollars (CoinGecko, 2025). This suggests that news or developments in the AI sector might be driving interest in these tokens. The correlation between Ethereum and these AI tokens, with a coefficient of 0.65, indicates that movements in the Ethereum market could be influencing AI token prices (CryptoQuant, 2025). This correlation provides traders with potential opportunities to capitalize on the AI-crypto crossover, especially as AI developments continue to influence market sentiment. Monitoring AI-driven trading volume changes, such as the increased volumes for AGIX and FET, can help traders identify trends and potential entry or exit points in the market.

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.