Bitcoin ETFs: Daily Outflows Reach $209.79M

Bitcoin ETFs recorded a 1D net outflow of 2,689 BTC worth $209.79 million on August 31 while the 7D net flow remained positive at 11,724 BTC or $914.72 million.

Ethereum ETFs showed 1D inflows of 31,399 ETH valued at $76.99 million and 7D inflows of 302,035 ETH or $740.57 million.

Price action on the 4h chart shows BTC trading at $78586.2 inside the Bollinger Bands with the upper resistance at $79735.25 and lower support at $76869.77. The EMA50 at $77362.35 continues to act as immediate support above the EMA200 at $70973.03 while RSI at 53.0 stays neutral and MACD prints a death cross at -21.97.