Bitcoin ETFs See $210M Daily Outflow Amid Price Volatility

Bitcoin ETFs saw significant outflows in a single day, according to data from Lookonchain. On August 3, 2026, these funds experienced a net flow of -3,321 BTC (-$210.32M) over the past 24 hours. This is in contrast to Ethereum ETFs, which had a positive 7-day net flow.

The negative daily net flow for Bitcoin ETFs suggests that investors are pulling their money out of these funds. However, it's essential to note that this is just one day's data and may not indicate a larger trend. The price action of Bitcoin remains within its Bollinger bands, with the upper resistance at $63,859.8.

The technical analysis suggests that the price could test the upper band resistance but would likely meet support at the 50-EMA before continuing higher. This is because the MACD golden cross is still constructive, indicating momentum is on the side of the bulls.