Grayscale: Bitcoin ETF Sees $2.9M Outflow
Grayscale Bitcoin ETF posted -2.9 million outflow with BTC at $73485 as bearish EMA structure holds on 4h chart.
SourceAnalysis
Grayscale recorded a -2.9 million outflow from its Bitcoin ETF on May 29, 2026, continuing net redemptions seen over the past six months.
BTC trades at $73485 inside Bollinger Bands with upper resistance at $76500.75 while EMA50 at $75480.05 and EMA200 at $76830.91 define the bearish structure; RSI at 36.36 stays neutral yet MACD golden cross at -771.84 hints at building momentum that could lift price toward upper band resistance before any deeper test of lower support at $72043.16. Traders tracking Bitcoin ETF flows, BTC price prediction models and broader crypto market trends now watch whether sustained outflows pressure BTC below the 50-EMA confluence zone.
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