Analyst: Bitcoin ETF has seen capital outflows for four consecutive days, with prices rebounding to $64,000
2026-07-29 18:42:00
According to CoinMeta, despite Bitcoin experiencing capital outflows for four consecutive days, totaling approximately $526 million, the price of Bitcoin still rebounded above $64,000. According to data from Farside Investors, in the last four trading days, investors withdrew $49.7 million from Bitcoin ETF listed in the United States, with a cumulative net outflow of about $526 million. The largest withdrawals occurred on July 24th and 23rd, amounting to around $240 million and $225 million respectively. Despite these sales, spot Bitcoin ETF still maintained a cumulative net inflow of about $51.3 billion. In the past 24 hours, the price of Bitcoin has experienced significant fluctuations, dropping as low as $62,850 before rebounding above $64,000. Analyst Darkfost from CryptoQuant stated that Bitcoin needs stronger demand and improved market conditions to resume a sustained bull market trend.
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Source:Coinpaper
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