Grayscale: Bitcoin ETF Sees $53.1M Outflow
Grayscale (GBTC) recorded a $53.1 million Bitcoin ETF outflow on July 13 as BTC trades at $62184.84 amid bearish EMA structure.
SourceAnalysis
Grayscale posted a $53.1 million Bitcoin ETF outflow for the day, continuing net redemptions that have shaped flows over the past year.
BTC price action sits at $62184.84, pressing the lower Bollinger Band support at $62214.44 while the EMA50 at $63147.78 and EMA200 at $63796.34 cap any rebound; the MACD death cross at -241.61 and RSI at 34.07 confirm sustained downside pressure that aligns with ongoing ETF redemptions and shapes near-term BTC price prediction models.
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