Bitcoin ETF Flows Show Net Outflow Amid Ongoing Incompleteness
Bitcoin ETF flows for August 14 remain incomplete due to missing data from several funds. According to blockchain.news, only three funds have reported so far: BlackRock IBIT, Fidelity FBTC, and Bitwise BITB. These funds have collectively experienced a net outflow of $56.2 million.
Meanwhile, tracked ETF custody wallets dropped 2015 BTC worth approximately $126.1 million in the last 24 hours. Nine additional funds remain silent on their August 14 flows.
The price action on the four-hour chart shows Bitcoin at $63,117.99, trapped within a bearish structure defined by its 50-day exponential moving average (EMA) and 200-day EMA. The Relative Strength Index (RSI) sits at 40.77, indicating market vulnerability to further downside before any sustained recovery.