Bitcoin ETFs: $160M Daily Outflow Hits July 1
Bitcoin ETFs posted -2,708 BTC (-$160.47M) 1D netflow and -34,081 BTC (-$2.02B) 7D; Ethereum ETFs saw -19,556 ETH (-$31.09M) daily outflows.
SourceAnalysis
Bitcoin ETFs logged 1D netflow of -2,708 BTC (-$160.47M) and 7D netflow of -34,081 BTC (-$2.02B) on July 1, while Ethereum ETFs recorded -19,556 ETH (-$31.09M) daily and -97,213 ETH (-$154.57M) over seven days.
BTC at $59700.12 tests upper Bollinger resistance at $60778.3 with RSI(14) neutral at 50.16; price action points to a retracement toward EMA50 support at $60425.99 inside the ongoing bearish structure capped by EMA200 at $65347.07 before any further move.
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