Bitcoin ETFs: $1.26B Daily Net Inflow Recorded
Bitcoin ETFs post +14,613 BTC ($1.26B) 1D netflow while Ethereum ETFs show 7D outflows of 32,923 ETH amid $86K BTC price action.
SourceAnalysis
Bitcoin ETFs recorded a 1D netflow of +14,613 BTC worth $1.26B on September 22, with the 7D total reaching +8,277 BTC ($712.62M), according to @lookonchain data.
Ethereum ETFs posted a 1D inflow of +68,434 ETH ($187.93M) but flipped to 7D net outflows of 32,923 ETH ($90.41M), highlighting divergent institutional flows that echo Bitcoin ETF net flows historical trends over the past year.
Bitcoin trades at $86038.3 inside its Bollinger bands with the upper resistance at $87910.72 and lower support at $78116.77; the 50-EMA at $80975.0 and 200-EMA at $76335.01 continue to act as stacked support while MACD remains bullish at 1896.46, yet RSI(14) at 75.49 flashes overbought, suggesting a healthy pullback to the 50-EMA before any extension higher in this BTC price prediction cycle.
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