Grayscale: GBTC Posts $63.7 Million Outflow
Grayscale GBTC records $63.7 million outflow as Bitcoin ETF net flows impact on BTC price continues amid bearish 4h signals at $62229.
SourceAnalysis
Grayscale reported a GBTC outflow of $63.7 million on July 8, 2026, extending the Grayscale GBTC outflows history since ETF conversion and reinforcing Bitcoin ETF net flows impact on BTC price.
Price sits at $62229.07 below EMA50 at $62336.87 and EMA200 at $64131.75 in a bearish trend, with MACD at -10.91 confirming the death cross; RSI at 45.47 stays neutral while price trades inside Bollinger bands between $61793.4 support and $64347.35 resistance, suggesting a likely test of the 50-EMA before any rebound attempt in BTC price prediction models.
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.
Premium Sponsors
.jpg)
