BTC ETF Outflows and StanChart Forecast Revision

$410M outflow in BTC ETFs and Standard Chartered's $100k estimate. CryptoQuant $55k support, Goldman Sachs buys. RSI 30 oversold, strong S1 $65k. ETH-XRP-SOL fl

(09:33 AM UTC)
3 min read
Updated
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US spot Bitcoin (BTC) ETFs experienced selling pressure with a $410.4 million outflow on Thursday, bringing weekly losses to $375.1 million. This development coincided with Standard Chartered lowering its 2026 BTC price forecast from $150,000 to $100,000. The bank's report predicts that BTC could drop to $50,000 and Ether (ETH) to $1,400 in the coming months, but rise to $100,000 for BTC and $4,000 for ETH by year-end. ETF assets under management approached $80 billion, down from the October 2025 peak of $170 billion.

Daily flows in US spot Bitcoin ETFs since Monday. Source: SoSoValue

Detailed Outflow Analysis in US Spot BTC ETFs

All 11 BTC ETFs trended negative; BlackRock iShares Bitcoin Trust (IBIT) saw $157.6 million, Fidelity Wise Origin $104.1 million outflow. These sales indicate deteriorating market sentiment. BTC price is currently at 66,709.86 $ level, trading down -0.83% in the last 24 hours.

What Do Standard Chartered's BTC and ETH Price Forecasts Mean?

StanChart's revision reflects macroeconomic uncertainties and ETF sales. In the short term, BTC could drop to $50,000, but the year-end $100,000 target remains a bullish signal. For ETH, a rise to $4,000 is expected after a $1,400 bottom. These forecasts are analyzed in depth on our BTC detailed analysis pages.

Latest Status on ETH, XRP, and SOL ETF Flows

ETH ETFs reached $171.4 million weekly with a $113.1 million outflow. XRP ETFs experienced their first $6.4 million outflow, while Solana (SOL) ETFs recorded $2.7 million inflow. These mixed flows signal altcoin rotation.

ETF TypeDaily Outflow/Inflow (Million $)Weekly Total
BTC-410.4-375.1
ETH-113.1-171.4
XRP-6.4-6.4
SOL+2.7+2.7

CryptoQuant Realized Price Support and BTC Bottom Levels

BTC's realized price chart. Source: CryptoQuant

CryptoQuant stated that BTC's realized price support is around $55,000 and that the extreme bear market has not yet started. RSI at 30.34 is in oversold territory; downtrend continues, Supertrend bearish. Strong supports:

  • S1: 65,463.95 $ (Score: 77/100 ⭐ Strong)
  • S2: 60,000 $ (Score: 72/100 ⭐ Strong)

Resistances: R1 67,036 $ (+0.54%), R2 70,165 $ (+5.23%). For detailed chart, BTC futures.

Institutional Purchases Boost BTC Support

Despite outflows, there are positive developments: Goldman Sachs accumulated $1.1 billion BTC, $1 billion ETH, $153 million XRP, and $108 million SOL. Binance SAFU fund bought 4,545 BTC worth $304.58 million. Interactive Brokers launched Coinbase nano BTC and ETH futures 24/7. These moves support long-term accumulation. Click for ETH detailed analysis.

Critical Levels and Outlook for BTC Investors

BTC, which has fallen to $65,250, could test the $55,000 support. RSI oversold indicates high rebound potential. ETF AUM near $80 billion, far from October 2025 peak. Institutional inflows could balance selling pressure.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

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