Bitwise Bitcoin ETF: Sees $35.4M Outflow

Bitwise (BITB) recorded a daily outflow of -$35.4 million in its Bitcoin ETF, signaling investor caution as BTC navigates broader crypto market trends. This marks a shift from recent inflows over the past six months, where ETF flows often buoyed Bitcoin price predictions during volatile periods. Analysts eye this as potential pressure on BTC amid ongoing crypto market crash fears, especially with regulatory scrutiny intensifying in 2026.

From a technical confluence standpoint, BTC trades at $79,392.86 in a bearish trend, pressing against the lower Bollinger Band support at $79,178.35 while the MACD confirms a death cross with a bearish reading of -273.22. Price sits below the EMA50 resistance at $80,387.78, suggesting sellers dominate unless momentum shifts; the neutral RSI at 40.68 hints at room for downside before exhaustion, with confluence pointing to a test of the EMA200 at $76,912.38 as the next major support if outflows persist, aligning with broader AI industry impact on crypto volatility.