Bitcoin ETFs See $171M Outflows as Iran Tensions Rise

TLDR US spot Bitcoin ETFs recorded $171 million in net outflows, marking the largest daily withdrawals in three weeks. BlackRock’s IBIT led the redemptions with $41 million in outflows, followed by Fidelity’s FBTC and ARK 21Shares’ ARKB. Bitcoin traded below $70,000 during the session and declined 4.7% over the past week. Analysts linked the ETF [...]

The post Bitcoin ETFs See $171M Outflows as Iran Tensions Rise appeared first on Blockonomi.