BlackRock: 10-Day BTC Outflow Streak Hits $2.24B
BlackRock posts 10 straight days of net BTC outflows totaling 35,980 BTC ($2.24B) as Bitcoin spot ETF flows comparison shows sustained pressure.
SourceAnalysis
BlackRock logged 10 consecutive trading days of net BTC outflows amounting to 35,980 BTC ($2.24B).
Bitcoin spot ETF flows comparison over the past year highlights repeated institutional rotation away from the largest vehicle. With price at $62034.7 pressing the upper Bollinger Band resistance at $62928.52 while the MACD golden cross remains intact, the 4h structure points to a likely retracement toward the EMA50 support at $60768.19 before any continuation higher.
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