Bitcoin ETF: $10.2M Net Inflow on June 16
Bitcoin ETF flows posted $10.2 million net inflow June 16 as IBIT added $16.4 million while GBTC saw $16.8 million outflow.
SourceAnalysis
Bitcoin ETF products recorded a total net inflow of $10.2 million on June 16, led by IBIT at $16.4 million and FBTC at $4.3 million while GBTC posted a $16.8 million outflow.
Price action on the 4h chart shows BTC holding a bullish structure above the EMA50 at $64873.47 yet facing resistance at the upper Bollinger Band of $67485.13, with MACD flashing a death cross that suggests momentum may stall before any sustained push higher.
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