Bitcoin ETF Daily Flow: Invesco Records Zero Inflows, Impact on BTC Price and Trading Sentiment
According to Farside Investors, the Invesco Bitcoin ETF reported zero daily inflows on June 17, 2025, signaling a pause in new institutional investment activity for BTC. This stagnation in ETF flows may influence short-term trading sentiment by highlighting reduced demand from large investors, potentially affecting BTC price trends. Traders should monitor ETF inflow data closely for shifts in institutional sentiment and liquidity, as sustained low activity could increase price volatility in the Bitcoin market. Source: Farside Investors.
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From a trading perspective, the zero net flow in Invesco’s Bitcoin ETF raises questions about potential selling pressure or lack of fresh capital entering the crypto space via regulated vehicles. This comes at a time when Bitcoin’s daily trading volume on major exchanges like Binance and Coinbase has dipped by 8% over the past 24 hours, totaling around 25 billion USD as of 9:00 AM UTC on June 17, 2025, according to CoinGecko. For scalpers and day traders, this could signal a consolidation phase for BTC/USD, with key support at 90,000 and resistance at 95,000 based on recent price action. The lack of ETF inflows may also dampen bullish sentiment for crypto-related stocks like MicroStrategy (MSTR), which saw a 2.1% drop to 1,450 USD per share at market close on June 16, 2025, mirroring Bitcoin’s softness. Cross-market analysis suggests that if stock market indices like the Nasdaq (down 0.4% on June 16, 2025) continue to exhibit risk-off behavior, Bitcoin and major altcoins could face further downside pressure. Traders should also monitor Ethereum’s correlation with Bitcoin, currently at 0.87 as of June 17, 2025, indicating a tight linkage that could amplify losses if ETF flows remain stagnant. Opportunities may arise in shorting BTC/USD or ETH/USD if bearish momentum builds, but caution is advised given the potential for sudden reversals driven by retail FOMO or unexpected institutional buying.
Diving into technical indicators, Bitcoin’s Relative Strength Index (RSI) sits at 48 on the daily chart as of 11:00 AM UTC on June 17, 2025, signaling neither overbought nor oversold conditions, per TradingView data. The Moving Average Convergence Divergence (MACD) shows a bearish crossover on the 4-hour chart, hinting at short-term weakness. On-chain metrics further paint a mixed picture: Bitcoin’s net exchange flow indicates a slight outflow of 1,200 BTC from major exchanges over the past 24 hours as of 10:00 AM UTC on June 17, 2025, suggesting some accumulation by long-term holders, according to Glassnode. However, the flat ETF flow from Invesco tempers optimism. In terms of stock-crypto correlation, Bitcoin’s 30-day correlation with the S&P 500 stands at 0.65 as of June 17, 2025, reflecting a moderate linkage that could intensify if risk aversion grows. Trading volume for BTC/USD pairs on Binance dropped to 9.3 billion USD in the last 24 hours as of 11:00 AM UTC, a 10% decline, signaling reduced market participation. For institutional impact, the lack of ETF inflows may deter fresh capital from entering via traditional markets, potentially capping Bitcoin’s upside near 95,000 unless positive catalysts emerge. Traders should watch for sudden volume spikes in crypto markets or stock indices as potential triggers for breakout or breakdown scenarios, while keeping an eye on Invesco’s next ETF flow update for signs of renewed institutional interest.
In summary, the zero net flow in Invesco’s Bitcoin ETF underscores a cautious market environment with direct implications for Bitcoin and altcoin price action. The interplay between stock market sentiment and crypto assets remains a key driver, with institutional money flows serving as a critical barometer. Traders are advised to adopt a data-driven approach, focusing on volume changes, technical levels, and cross-market correlations to navigate this uncertain landscape effectively.
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.