Bitcoin

Ethereum

On October 2, 2024, <a href="https://optimisus.com/news/crypto-news/the-secs-approval-of-bitcoin-etf-options-is-set-to-boost-liquidity/" rel="noopener noreferrer nofollow">Bitcoin exchange-traded funds (ETFs)</a> experienced their first net outflows in two weeks, with $243 million exiting the market.This downturn coincided with a significant drop in Bitcoin&#39;s price, which fell over 4% amid escalating geopolitical tensions in the Middle East, particularly following Iran&#39;s attack on Israel. The outflows marked the end of an eight-day streak of net inflows for U.S. spot Bitcoin ETFs, with the largest outflow since early September.While BlackRock’s IBIT ETF saw inflows of over $40.8 million, other major players like Fidelity’s FBTC and Ark 21Shares’ ARKB faced substantial losses, with negative flows of $144.7 million and $84.3 million, respectively.As Bitcoin&#39;s price dipped to around $60,300 from previous highs above $64,000, a significant whale offloaded over $46 million in <a href="https://optimisus.com/news/crypto-news/bitcoin-soars-to-61k-while-israel-iran-tensions-heat-up/" rel="noopener noreferrer nofollow">BTC</a> on Binance, despite still holding a substantial stash of 9,736 bitcoins valued at over $601 million.This marked the sharpest price decline for Bitcoin since early September, reflecting the market&#39;s sensitivity to external pressures and investor sentiment.

Bitcoin ETFs see over $240 million outflow as markets fell amid Iran’s missile attack on Israel

Optimisus

Other articles published on Oct 2, 2024

Nintendo applies legal pressure and forces Ryujinx emulator offline

Bitcoin price dumps as Ceffu sells again and fear returns

Analysts Provide Insights on Bitcoin, Ether, and Dogecoin Price Predictions

Thousands of Indians trapped in Southeast Asia’s crypto fraud rings

Australian feds cracked ‘seed phrase’ to access crypto account linked to global organized crime

Is ‘not-Satoshi’ Wright implying that COPA is against innovation?

Join our free newsletter for daily crypto updates!