Bitcoin ETFs Shed $225M, Snapping Seven-Day Inflow Streak as Iran Tensions Spook Markets
U.S.-listed spot Bitcoin ETFs posted $225.2 million in net outflows on Thursday, ending a seven-session inflow streak that had brought in nearly $1 billion. It was the first negative day for the category since July 13. BlackRock’s IBIT accounted for most of the decline, while several other major funds also saw smaller withdrawals; only Morgan Stanley’s MSBT had inflows. The reversal came as U.S. stocks fell, oil prices stayed elevated amid the U.S.-Iran military exchange, and Bitcoin briefly dropped below $65,000 to around $64,600. Market sentiment weakened too, with the Crypto Fear & Greed Index falling to 28, still in “fear” territory. Even with Thursday’s setback, Bitcoin ETFs remained about $274 million higher over the week. Ethereum funds moved in the opposite direction, adding $26.3 million. The next major catalyst is the Federal Reserve’s July 28-29 meeting, which could shape Bitcoin’s near-term direction.
