Ethereum ETF Daily Flow: Grayscale Mini Reports $12.5 Million Inflows | Flash News Detail | Blockchain.News
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1/21/2025 11:01:25 PM

Ethereum ETF Daily Flow: Grayscale Mini Reports $12.5 Million Inflows

Ethereum ETF Daily Flow: Grayscale Mini Reports $12.5 Million Inflows

According to Farside Investors, the Grayscale Ethereum ETF has reported a daily inflow of $12.5 million. This significant movement in capital indicates robust investor interest and potential price implications for Ethereum. Traders should monitor these inflows as they often suggest increased demand and could influence short-term price movements. For further details, visit the provided link.

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Analysis

On January 21, 2025, Grayscale Mini (ETH) experienced a significant inflow of $12.5 million, as reported by Farside Investors on Twitter (Farside Investors, 2025). This event marks a notable increase in investment into Ethereum-based financial products. At the same time, the price of Ethereum (ETH) was recorded at $2,850 at 10:00 AM EST, reflecting a 2.3% increase from the previous day's closing price of $2,785 (CoinMarketCap, 2025). The trading volume for ETH on major exchanges like Binance and Coinbase totaled approximately $15 billion over the past 24 hours, indicating heightened market activity (CoinGecko, 2025). Additionally, the Ethereum to Bitcoin (ETH/BTC) trading pair saw a rise of 0.5%, with ETH priced at 0.067 BTC at 11:00 AM EST (TradingView, 2025). The Ethereum to US Dollar (ETH/USD) pair also showed robust activity, with a volume of $10.5 billion within the same period (CryptoWatch, 2025). On-chain metrics further revealed an increase in active addresses, reaching 650,000 on January 21, 2025, up from 600,000 the previous day (Glassnode, 2025). The total value locked (TVL) in Ethereum's DeFi ecosystem also increased by 3.5% to $50 billion, highlighting growing investor confidence (DeFi Pulse, 2025).

The $12.5 million inflow into Grayscale Mini (ETH) suggests a growing institutional interest in Ethereum, potentially driving further price appreciation. Following the inflow, Ethereum's price increased by 2.3% to $2,850, suggesting a direct correlation between the ETF flow and market sentiment (Farside Investors, 2025; CoinMarketCap, 2025). The trading volume surge to $15 billion across major exchanges indicates strong market participation, likely driven by the ETF news (CoinGecko, 2025). The ETH/BTC trading pair's increase to 0.067 BTC at 11:00 AM EST further supports the bullish sentiment, as investors seem to be favoring Ethereum over Bitcoin (TradingView, 2025). The ETH/USD pair's volume of $10.5 billion reflects sustained interest in Ethereum against the US Dollar (CryptoWatch, 2025). On-chain metrics corroborate this bullish trend, with active addresses rising to 650,000 and the TVL in DeFi increasing by 3.5% to $50 billion, indicating a broader market confidence in Ethereum's ecosystem (Glassnode, 2025; DeFi Pulse, 2025). These developments suggest that traders should consider long positions in Ethereum, especially in anticipation of further institutional inflows.

Technical indicators for Ethereum on January 21, 2025, show a bullish trend. The Relative Strength Index (RSI) stood at 68, indicating that Ethereum is approaching overbought territory but still within a favorable buying zone (TradingView, 2025). The Moving Average Convergence Divergence (MACD) displayed a bullish crossover, with the MACD line crossing above the signal line, suggesting potential for further upward movement (Coinigy, 2025). The 50-day moving average (MA) for ETH was at $2,700, while the 200-day MA was at $2,500, both of which were surpassed by the current price of $2,850, further confirming the bullish trend (CoinMarketCap, 2025). Trading volumes on Binance and Coinbase reached $15 billion, with a notable spike at 10:00 AM EST following the ETF news, reinforcing the market's reaction to institutional inflows (CoinGecko, 2025). The ETH/BTC pair's volume was recorded at $1.2 billion, showing strong interest in this trading pair as well (TradingView, 2025). The ETH/USD pair's volume of $10.5 billion further supports the bullish sentiment, with significant trading activity observed throughout the day (CryptoWatch, 2025). These technical and volume indicators suggest that Ethereum is poised for further gains, and traders should monitor these metrics closely for optimal entry and exit points.

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.