Latest Update
8/1/2026 7:08:00 AM

Bitcoin ETF: $265M Outflow as ETH Draws $9M

Bitcoin ETF: $265M Outflow as ETH Draws $9M

Bitcoin ETF outflows hit $265M while Ethereum inflows reach $9M, with BTC trading at $63107 amid bearish 4h signals.

Source

Analysis

Bitcoin ETF flows recorded a $265M outflow yesterday while Ethereum attracted $9M in inflows, according to data shared by @CryptoKing4Ever.

Bitcoin continues to face selling pressure from institutional channels even as Ethereum draws steady buyer interest in the same product category.

Price action on the 4h chart shows BTC at $63107.47 inside a bearish structure with EMA50 at $64111.91 and EMA200 at $63862.77 acting as overhead resistance, while MACD prints a death cross at -358.84 and RSI sits neutral at 39.77; the market remains trapped between Bollinger bands with upper resistance at $65329.52 and lower support at $62455.66, suggesting any bounce toward the upper band could stall before a deeper test of the 50-EMA confluence zone.


Crypto King

@CryptoKing4Ever

Specializes in cryptocurrency investment and market analysis, with a focus on Bitcoin, Ethereum, and Solana ecosystems. Provides trading strategies and altcoin research for crypto enthusiasts.