Bitcoin ETFs: Daily Inflows Reach $253.71 Million
Bitcoin ETFs posted +4,026 BTC ($253.71M) daily netflow July 7 while Ethereum ETFs added 11,955 ETH; 4h BTC chart shows price at $63043.46 testing resistance.
SourceAnalysis
Bitcoin ETFs recorded +4,026 BTC (+$253.71M) in one-day net flows on July 7 while seven-day net flows remained negative at -1,661 BTC (-$104.67M); Ethereum ETFs showed stronger consistency with +11,955 ETH (+$21.14M) daily and +20,570 ETH (+$36.37M) weekly.
Over the past six months institutional accumulation patterns have shifted toward daily spot-product inflows even as weekly aggregates fluctuate with macro liquidity cycles. BTC price action at $63043.46 sits inside its Bollinger Bands with upper resistance at $63931.2; the 50-EMA at $62200.01 continues to act as primary support while the 200-EMA at $64303.39 caps upside. With RSI(14) neutral at 53.24 and MACD printing a death cross, price testing upper Bollinger resistance while momentum flattens points to a healthy retracement toward the 50-EMA support at $62200 before continuation.
Lookonchain
@lookonchainLooking for smartmoney onchain