BlackRock IBIT Sees $54.8M Bitcoin ETF Outflow Amid Bearish Market Sentiment
BlackRock IBIT recorded a significant Bitcoin ETF outflow on July 29, 2026, totaling $54.8 million.
The event occurred as BTC traded at $63,764 amid bearish technical signals in the 4-hour chart.
An analysis of the situation reveals that the EMA50 resistance at $64,488.17 is capping upside potential, while the MACD death cross at -296.81 confirms momentum loss.