🔻 Bitcoin ETFs Fall for 3rd Straight Day as $BTC Struggles Below $120K

🚨 Bitcoin #ETFs continued their slide, posting a third day of losses amid waning momentum in #BTC price action. On July 23, U.S.-listed Bitcoin ETFs recorded $86 million in net outflows, extending a cumulative $285 million exodus over three days. Fidelity’s FBTC led the decline with $227M in withdrawals, while BlackRock’s IBIT remained a lone bright spot with $142.6M in inflows.

💲 Meanwhile, #bitcoin trades near $117,745, about 4.3% below its all-time high, with sideways price action sparking debate about whether the recent bull run is pausing or ending. Analysts like Rekt Capital argue BTC is merely in a consolidation phase, retesting key support levels before potentially resuming its uptrend.

❗ In contrast, #Ethereum ETFs are thriving, logging $331M in inflows on the same day—marking 15 consecutive days of net gains. BlackRock’s ETHA leads the pack, helping spot $ETH funds accumulate over $4.44B in just over a week. However, ETH has dipped 4.2% to $3,540, suggesting the rally may also be cooling.