Record Outflows from Bitcoin ETFs Amid Price Drop

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 hour ago

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Record Outflow: US spot Bitcoin ETFs experienced a staggering $696.3 million outflow on Thursday, marking the worst single-day withdrawal in June, as Bitcoin fell below $60,000, erasing most of the gains made in 2025 and indicating heightened market panic.
Asset Decline: Total net assets across US spot Bitcoin ETFs plummeted from a peak of $169.5 billion in October 2025 to approximately $72.6 billion as of Friday, reflecting a significant 57% decline and showcasing a marked decrease in institutional confidence in Bitcoin.
Fading Institutional Demand: Strategy, the largest corporate Bitcoin holder, has sharply reduced its buying pace for three consecutive months, purchasing only 3,600 BTC in June compared to 25,000 BTC in May and over 50,000 BTC in April, indicating a potential downturn in institutional demand that could affect future market dynamics.
Weak Market Sentiment: Bitcoin's drop below $60,000 marks its first close under this level since Q3 2024, and combined with ETF outflows and reduced institutional buying, the overall market sentiment appears weak, prompting analysts to caution against potential further declines, urging investors to remain vigilant.

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Technical Analysis for BTC

Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Bitcoin (BTC) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	50852.539	54483.775	58360.359	61991.595	65868.179	69499.415	73375.999
Fibonacci	54483.775	57351.762	59123.607	61991.595	64859.582	66631.427	69499.415

About BTC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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