Bitcoin ETF Daily Flow Update: Franklin Records Zero Inflows on June 3, 2025 – Implications for Crypto Market Liquidity
According to Farside Investors, Franklin's Bitcoin ETF reported zero net inflows on June 3, 2025, indicating no new institutional investment for the day (source: FarsideUK on Twitter, June 3, 2025). This stagnation in ETF activity could signal a pause in institutional buying momentum and potentially impact short-term Bitcoin price action and liquidity across the crypto market. Traders should monitor upcoming ETF flow data as inflow trends often correlate with Bitcoin's price volatility.
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Diving deeper into the trading implications, the zero net flow in Franklin’s Bitcoin ETF on June 3, 2025, points to a potential consolidation phase for Bitcoin and major altcoins. At 12:00 PM UTC on the same day, Bitcoin’s 24-hour trading volume on Binance stood at approximately 25 billion USD across the BTC/USDT pair, a 5% decrease from the previous day’s 26.3 billion USD, as per Binance’s public data. This dip in volume aligns with the neutral ETF flow, suggesting reduced institutional and retail activity. For traders, this presents both risks and opportunities. On one hand, lower volume could lead to choppy price action, with Bitcoin potentially ranging between 67,000 USD and 69,000 USD in the near term. On the other hand, a breakout could occur if external catalysts, such as positive stock market movements or favorable news, drive renewed interest. Additionally, the correlation between Bitcoin and crypto-related stocks like MicroStrategy (MSTR) remains strong, with MSTR gaining 1.5% to 1,620 USD per share by the close on June 2, 2025, according to Nasdaq data. This suggests that while ETF flows are stagnant, institutional interest in crypto exposure via equities persists. Traders should monitor for sudden shifts in ETF flows, as a spike in inflows could signal a bullish move for Bitcoin, potentially targeting 70,000 USD.
From a technical perspective, Bitcoin’s price action on June 3, 2025, shows key indicators worth watching. At 2:00 PM UTC, the Relative Strength Index (RSI) on the 4-hour chart for BTC/USDT was at 52, indicating neutral momentum, as reported by TradingView data. Meanwhile, the 50-day Moving Average (MA) sat at 67,500 USD, acting as immediate support, while the 200-day MA at 65,000 USD provided a longer-term floor. On-chain metrics further complement this analysis, with Glassnode reporting a 3% increase in Bitcoin’s active addresses to 850,000 as of 8:00 AM UTC on June 3, 2025, hinting at growing network activity despite stagnant ETF flows. Trading volume across other pairs, such as BTC/ETH on Kraken, saw a steady 1.2 billion USD in the last 24 hours ending at 3:00 PM UTC, reflecting sustained interest in cross-crypto trading. The neutral Franklin ETF flow, combined with stable stock market performance, underscores a cautious but balanced market sentiment. Institutional money flow between stocks and crypto remains muted, with no significant reallocation evident from the ETF data provided by Farside Investors. However, the slight uptick in MSTR’s price suggests that some capital is still favoring crypto-adjacent equities over direct Bitcoin exposure via ETFs. For traders, this environment calls for patience, with potential long entries near the 67,500 USD support level if volume picks up, or short opportunities if Bitcoin fails to hold above this threshold in the coming sessions.
In terms of stock-crypto correlation, the interplay between Bitcoin ETFs and equity markets remains a critical factor. The S&P 500’s modest gain on June 2, 2025, alongside the Nasdaq Composite’s 0.3% rise to 18,600 points at the same close, per Yahoo Finance, indicates a risk-on tilt that could indirectly support Bitcoin if sustained. However, the zero flow in Franklin’s ETF suggests that institutional investors are not yet fully committing to crypto via this vehicle. This divergence highlights a key trading opportunity: focusing on crypto-related stocks like MSTR or Coinbase (COIN), which saw a 2% uptick to 245 USD per share on June 2, 2025, according to Nasdaq data, as alternative exposure plays. For crypto traders, these cross-market signals emphasize the importance of tracking both ETF flows and equity performance to gauge institutional sentiment and capitalize on potential Bitcoin price swings driven by traditional market movements.
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.