Bitwise Bitcoin ETF: Sees $12.7M Outflow
Bitwise Bitcoin ETF reports -$12.7 million daily flow amid bullish BTC trends, with 10% profits aiding developers; analyze BTC price prediction and crypto market impact.
SourceBitwise's Bitcoin ETF clocked a daily outflow of -$12.7 million, as reported by Farside Investors. This move highlights shifting investor sentiment in the BTC space, where 10% of the product's profits directly support Bitcoin developers. For deeper dives into Bitcoin ETF flows and disclaimers, check farside.co.uk/btc/.
Zooming into the 4-hour BTC chart, price action holds firm in a bullish structure with the EMA50 at $74,866.55 acting as immediate support and the EMA200 at $72,147.52 providing a deeper floor for any pullbacks. Momentum sits neutral on the RSI(14) at 52.64, but the MACD(12,26) signals bearish vibes with a 161.3 reading and a death cross in play, suggesting potential exhaustion. Price trades snug inside the Bollinger Bands, eyeing upper resistance at $76,721.32 while lower support at $74,237.09 could cap downside; confluence here points to a tactical retracement toward the EMA50 before resuming upside in this volatile crypto market crash recovery phase, much like the consolidation we saw post the mid-2025 BTC price prediction highs.
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.