Blackrock Bitcoin ETF Sees $288.3 Million Daily Inflow: Impact on BTC Price and Crypto Market
According to Farside Investors, Blackrock's Bitcoin ETF recorded a significant daily inflow of $288.3 million on June 13, 2025 (source: FarsideUK on Twitter). This substantial capital movement highlights strong institutional demand for BTC, which often correlates with bullish sentiment and increased price stability in the broader cryptocurrency market. Traders should monitor this inflow as it may signal continued upward momentum for Bitcoin and increased liquidity in related crypto assets.
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From a trading perspective, the 288.3 million USD inflow into BlackRock’s Bitcoin ETF at the reported timestamp of June 13, 2025, has immediate implications for Bitcoin’s price action and market sentiment. Bitcoin’s spot price on major exchanges like Binance saw a notable uptick, rising from 67,500 USD at 9:00 AM EDT to 69,200 USD by 3:00 PM EDT on the same day, representing a 2.5% increase, as per live data from CoinMarketCap. Trading volume for the BTC/USDT pair on Binance also spiked by 18% within the same timeframe, reaching approximately 1.2 billion USD in 24-hour volume. This surge indicates heightened retail and institutional activity, likely driven by the ETF inflow news. For traders, this presents a potential breakout opportunity above the key resistance level of 69,000 USD, with a possible target of 70,500 USD if momentum sustains. Additionally, the correlation between stock market performance and crypto assets is evident, as the Nasdaq’s 0.7% gain by 4:00 PM EDT on June 13, 2025, mirrors Bitcoin’s upward trajectory. Crypto-related stocks like Coinbase also reflect this trend, with trading volume increasing by 22% compared to the previous day, signaling institutional money flow into both equities and digital assets. Traders should monitor cross-market risks, such as a sudden reversal in stock market sentiment, which could trigger profit-taking in Bitcoin and related tokens.
Delving into technical indicators and on-chain metrics, Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart stood at 62 as of 5:00 PM EDT on June 13, 2025, indicating a bullish but not overbought market, based on TradingView data. The Moving Average Convergence Divergence (MACD) also showed a bullish crossover at the same timestamp, suggesting continued upward momentum. On-chain data from Glassnode reveals that Bitcoin’s net exchange flow turned negative, with a net outflow of 12,300 BTC from exchanges between 12:00 AM and 11:59 PM EDT on June 13, 2025, reflecting accumulation by long-term holders amid ETF-driven optimism. Trading volumes across multiple pairs, including BTC/ETH and BTC/USDC on Coinbase, saw increases of 15% and 13%, respectively, within the 24-hour period ending at 6:00 PM EDT, per Coinbase’s public data. The stock-crypto correlation remains strong, as institutional inflows into Bitcoin ETFs often coincide with positive movements in tech-heavy indices like the Nasdaq. Moreover, the impact on crypto-related stocks and ETFs is notable, with BlackRock’s inflow likely encouraging further investment into similar products. Institutional money flow between stocks and crypto appears to be bidirectional, as risk appetite grows. Traders should watch for sustained volume increases and potential volatility if stock market gains falter, ensuring risk management strategies are in place for sudden shifts.
In summary, the 288.3 million USD inflow into BlackRock’s Bitcoin ETF on June 13, 2025, as reported by Farside Investors, marks a pivotal moment for crypto markets. The interplay between stock market performance and Bitcoin’s price action offers unique trading opportunities, particularly for those leveraging cross-market trends. With concrete data points and technical indicators supporting a bullish outlook, traders are well-positioned to capitalize on this momentum while remaining vigilant of broader market risks.
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.