Bitcoin ETFs: Two-Week Outflow Streak Hits Supply

Since May 7, US Spot ETFs have recorded net outflows on nearly every trading day, a persistent institutional sell signal now running for more than two weeks, adding steady supply without visible demand offset. BTC trades at $77578.23 inside its Bollinger band with upper resistance at $78252.71 and lower support at $74693.06; the EMA50 at $77260.11 and EMA200 at $77321.49 both act as concrete support while MACD registers a bullish golden cross at 80.78 and RSI sits neutral at 57.48, pointing to a likely probe of upper-band resistance before any healthy pullback to the 50-EMA confluence zone.