Bitcoin ETFs: $445M Daily Outflow Recorded
Bitcoin ETFs post -6,679 BTC (-$445.2M) 1D netflow and -28,955 BTC (-$1.93B) over 7D, Ethereum ETFs -169k ETH while BTC trades at $66667.13.
SourceAnalysis
Bitcoin ETFs logged a 1D netflow of -6,679 BTC (-$445.2M) and a 7D netflow of -28,955 BTC (-$1.93B) on June 3, with Ethereum ETFs showing -31,294 ETH (-$57.96M) daily and -169,251 ETH (-$313.45M) weekly while Solana ETFs printed modest inflows of +2,087 SOL (+$154K) for the day. At the same time BTC price sits at $66667.13 inside a bearish structure beneath the EMA50 at $72104.09 and EMA200 at $75612.49, the RSI(14) at 24.25 marks oversold conditions and the MACD death cross at -1930.64 keeps downside pressure intact, so price is likely to probe the lower Bollinger Band support at $64567.39 before any attempt at the upper band resistance near $76106.29. These ETF outflows coincide with the current BTC price prediction models that factor heavy institutional redemptions and raise the odds of a brief consolidation phase rather than an immediate crypto market crash.
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