Bitcoin ETFs: $311M Daily Outflow Recorded

Bitcoin ETFs recorded 1D netflow of -4,889 BTC (-$311.86M) and 7D netflow of -26,077 BTC (-$1.66B), while Ethereum ETFs saw 1D netflow of -8,426 ETH (-$14.2M) and 7D netflow of -97,515 ETH (-$164.31M) on June 8.

With BTC price at $64112.65 testing upper Bollinger resistance at $64156.65 while RSI sits neutral at 55.71, the MACD golden cross at -427.43 signals building momentum yet the bearish EMA50 at $65304.6 and EMA200 at $72394.61 cap upside, pointing to probable retracement that shapes near-term BTC price prediction and Ethereum ETF performance amid sustained institutional Bitcoin selling pressure.