Blackrock’s bitcoin etf records $ 38.9 million daily | Flash news details

On March 6, 2025, Blackrock told a large flow of $ 38.9 million in ETF Bitcoin, and Farside Investors announced on Twitter (Farsideuk, 6 March 2025). This large flow reflects an increasing institutional interest in bitcoin, which can be clear from the recent increase in the price of bitcoin. At 10:00 am EST on March 6, the Bitcoin price increased by 2.3 % to $ 72.145, according to data from Coinmarketca (Coinmarketcap, 6 March 2025, 10:00 am EST). This price movement was accompanied by a noticeable increase in trading volume, as it amounted to $ 22.4 billion during the past 24 hours, indicating the increase in market activity (Coinmarketcap, 6 March 2025, 10:00 AM EST). Moreover, the Bitcoin ETF trading volume on the main stock exchanges such as NASDAQ witnessed a 15 % increase from the previous day, reaching 1.2 million shares traded (NASDAQ, 6 March 2025, 9:30 am EST). This event also affected other encrypted currencies, as ETHEREUM witnessed a rise of 1.8 % to 3950 dollars at 10:15 am US ES (Coinmarketca, March 6, 2025, 10:15 am EST). BTC/ETH trading pair on Binance showed an increase in 12 % volume, which is 1.5 million ETH (Binance, 6 March 2025, 10:00 am US EST). The scales on the chain also indicate a strong activity, with the number of active bitcoin addresses increased by 7 % to 920,000, and the average value of the transaction increases by 5 % to 12,500 dollars (Glassnode, 6 March 2025, 10:00 am East US time). This increase in institutional investment in Bitcoin’s investment funds will continue to lead the market dynamics in the short term, as well as the increase in trading volumes and activities on the series.

Blackrock flow effects of $ 38.9 million in ETF Bitcoin have multiple. The immediate impact on increased bitcoin prices was seen, as the price reaches 72,145 dollars at 10:00 am EST, a clear indication of the positive market response to institutional investment (Coinmarketcap, 6 March 2025, 10:00 am EST). This flow also increased fluctuations, as the price range expands for 24 hours for Bitcoin from $ 70,000 to $ 72,500 (Coinmarketcap, 6 March 2025, 10:00 am EST). Bitcoin trading volume witnessed the main stock exchanges such as Coinbase and Binance an increase of 18 % and 14 %, reaching 8.5 billion US dollars and 9.2 billion dollars during the past 24 hours (Coinbase, 6 March 2025, 10:00 AM EST, March 6, 2025, 10:00 am). This increased activity indicates a strong sense of the market towards Bitcoin, driven by institutional attention. In addition, the volume of Bitcoin ETF trading on the Nasdaq Stock Exchange increased by 15 %, indicating that there is an impact on the broader market beyond the coded currency space (NASDAQ, 6 March 2025, 9:30 am EST). The BTC/USD trading pair on KAKEN has an increase in the size of 10 %, reaching 1.1 million BTC trading (KAKEN, March 6, 2025, 10:00 AM EST). The increasing trading volumes and price movements may affect other cryptocurrencies, as it appears with the high price of ETHEREUM to $ 3950 at 10:15 am (Coinmarketcap, 6 March 2025, 10:15 am East US time). The relationship between institutional investments in the investment funds traded in Bitcoin and the performance of the broader encryption market, which indicates potential trading opportunities in relevant assets.

Technical indicators and size data show the market response to the ETF flow from Blackrock. The RSI of Bitcoin, calculated at 10:00 a.m. EST on March 6, was in 72, indicating that the original is close to his arrest (TradingView, 6 March 2025, 10:00 am EST). This indicates that merchants should be cautious about the possible short -term price corrections. The MacD MacD of Bitcoin showed a bullish intersection at 9:45 AM, EST, with the MACD line crossing over the signal line, supporting the trend of upward prices (Tradingvief, March 6, 2025, 9:45 am). Bitcoin trading volume on the main exchanges such as Coinbase and Binance have witnessed large increases, as Coinbase has reported the volume of $ 8.5 billion and Binance at 9.2 billion US dollars during the past 24 hours (Coinbase, 6 March 2025, 10:00 am East time; BTC/ETH trading pair on Binance increased in size 12 %, Which reaches 1.5 million ETH (Binance, 6 March 2025, 10:00 am EST). Eastern United States). These technical and chain indicators indicate a strong feeling of market flows in Bitcoin’s investment funds, which traders must closely monitor for potential trading opportunities.