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Bitcoin ETF Outflows Reach $141 Million as Market Sentiment Shifts

US spot Bitcoin ETFs shed $141.23M in net outflows on August 11, according to blockchain.news citing @lookonchain data, snapping a five-session inflow streak and pulling BTC back under $64,000.

Bitcoin ETF Outflows Reach $141 Million as Market Sentiment Shifts

The print came as a macro stack tightened: stalled US-Iran nuclear talks lifted oil, and the CME FedWatch tool repriced September rate-hike odds to 51.3% from 44.1% on Friday. Risk appetite cooled accordingly.

The flow print

The single-session net outflow hit -2,209 BTC (-$141.23M). Bitget, citing SoSoValue, reported a closely matching $144.67M outflow for the same session — the gap reflects timing and methodology, not contradiction. The 7D cumulative stays net positive at +8,545 BTC (+$546.45M), and Ethereum ETFs posted -14,499 ETH (-$27.22M) for the day against a +110,579 ETH (+$207.62M) 7D net. One red session against a still-green weekly tape reads as profit-taking, not exit — but it ends the streak that had been the marginal bid.

Macro stack and technical tape

Bitget frames the catalyst: Trump added new conditions on Iran, including compensation demands, delaying any reopening of the Strait of Hormuz. Oil's bid feeds directly into inflation expectations, which feeds directly into the Fed. CME FedWatch now prices 51.3% odds on a 25bp September hike. BTC trades at $63,773.21 inside a bearish 4h structure, with EMA50 at $64,450.46 capping and EMA200 at $63,765.34 supporting. MACD at -152.16 confirms the death cross; RSI at 37.11 leaves room to drop before any bounce signal. Bollinger bands compress between $65,667.11 and $63,725.66, pointing to a test of the 50-EMA before expansion. On the daily frame, BTC sits below all major EMAs ($64,625 / $66,795 / $72,045). Closest support is $62,345; a clean break puts the July 1 yearly low of $57,800 back on the chart. RSI near 48 and MACD below zero keep short-term momentum weak.

The verdict

Institutional flows remain the marginal buyer of last resort. One-day outflows against a positive weekly net suggest rotation rather than capitulation. Watch the 7D cumulative: a flip negative inside the week deepens the liquidity sink. Below $62,345, the drawdown opens; above $64,450, the structure stays neutral. The tape currently reads as consolidation at the lower edge of the range, not breakdown — but the margin for error is thin.