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<ul class="wp-block-list">
 <li>&nbsp;The Spot Bitcoin prices crashed over $4000 after the conflicts between Israel and Iran.</li>
 <li>&nbsp;The current strategist at the Bank of Singapore, Moh Siong Sim, stated, “In my opinion markets are at this stage in a flight to safety mode.”&nbsp;</li>
</ul>
As the tensions between Israel and Iran have increased, institutional investors are terrified as Bitcoin ETFs have hit the biggest outflow marking about $243 million.&nbsp;
As per the data froms, the exact outflow of the eleven US Spot Bitcoin ETFs on Tuesday, October 1, was $242.6 million. Prior to this, on Sept 3, a month earlier, an outflow of $288 million was marked.&nbsp; The Report 
As per the report presented by Farside Investors, we can clearly see that it is the third biggest outflow in the last five months. Before hitting the biggest outflow, the financial instrument had already seen an eight-consecutive day inflow trend. On Sept. 27, after the consecutive inflows it surpassed over $494 million.&nbsp;&nbsp;
Talking about other ETFs, there was no record of inflow for Wisdom Tree, Mini Bitcoin Trust, Invesco, Valkyrie, and Invesco.&nbsp;
Meanwhile, reporting the <a href="https://news.todayq.com/hamster-kombat-fell-59-after-its-release/" rel="noopener noreferrer nofollow">drop</a><a href="https://news.todayq.com/hamster-kombat-fell-59-after-its-release/" target="_blank" rel="noopener noreferrer nofollow">s</a>, ARK 21Shares Bitcoin ETF drops to $84.3 million, Grayscale Bitcoin Trust to $5.9 million, and VanEck Bitcoin ETF to $15.8 million. On the other hand, the Fidelity Wise Origin Bitcoin Fund marks $144.7 million, The Bitwise Bitcoin ETF marks $32.7 million of outflow.&nbsp;
The BlackRock iShares Bitcoin Trust remains sustained after marking a 15 uninterrupted day of non-outflow and holds itself on $40.8 million for the day itself.&nbsp;&nbsp; The Impact of The Conflict 
On October 1, after Iran did a missile attack on Israel, the Spot Bitcoin prices crashed over $4000. The asset dropped to a two-week low and marked $60,317 after recovering to $61,702 at the press time.&nbsp;
The current strategist at the Bank of Singapore, Moh Siong Sim stated, “In my opinion markets are at this stage in a flight to safety mode.”&nbsp;
According to him, in the current scenario, we are facing a situation in which we already know that something has taken place. However, we need to understand the degree of the degree of retaliation.”
Before this, the conflict has shaken the market one more time this year in April. At that time, the price of bitcoin marked a drop of over 10/% and fell terribly from $70,000 to $62,000. Many other altcoins were also shocked with a terrible drop of more than 15%.&nbsp;&nbsp; Bitcoin ETF Overview Source: The CoinMarketCap 
If we closely monitor the graph of the Bitcoin ETF, it is clearly visible that the market after October 1 is very subtle, which was going through significant ups and downs in the past. At the time of publication, the Bitcoin ETF stands at $0.0003385 with a total market capitalization of $338,529.75.&nbsp;

Bitcoin ETFs Marks Biggest Outflow Amid Israel-Iran Tensions

Todayq News

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