Bitcoin ETFs: July 8 Net Flows Hit +197 BTC

Bitcoin ETFs recorded +197 BTC ($12.21M) in 1D net flows on July 8 while Ethereum ETFs added 12,193 ETH ($21.19M), extending the positive streak reported by @lookonchain.

Bitcoin ETF net flows historical trends and Ethereum vs Bitcoin ETF inflow comparison since launch both point to steady institutional demand over the past year despite macro headwinds.

BTC price prediction models now face immediate technical pressure as price at $61935.18 tests the lower Bollinger support at $62015.45 while the EMA50 resistance at $62354.83 caps upside; the MACD death cross at 111.92 reinforces the bearish structure even with RSI(14) holding neutral at 41.59.