Bitcoin ETFs Draw $159.9M in Net Inflows on September 14th
On September 14th, Bitcoin ETF products saw significant investment inflows, according to recent data. The total net inflow was $159.9 million, with IBIT attracting the largest share of $134.3 million.
The other two major contributors were FBTC and MSBT, adding $53.3 million and $9.7 million respectively. However, ARKB saw a notable outflow of $42 million.
Looking at price action on the 4-hour chart, BTC is currently trading within its Bollinger Bands, with an upper resistance level at $78,608.12 and lower support at $76,404.99.
The EMA50 acts as immediate resistance above the EMA200 support at $74,456.15, while the RSI remains neutral at 47.22. The MACD golden cross signals building bullish momentum, suggesting a possible test of the upper band before any pullback to the 50-EMA.