Post by Augustine Chiagozie (@pabloexchange)

🟠 Bitcoin ETFs lose $465M in two days, led by BlackRock's IBIT

U.S. spot Bitcoin ETFs recorded $465 million in outflows over two days, snapping a seven-day inflow streak that had totalled roughly $1 billion. BlackRock's IBIT drove the bulk of the selling, accounting for nearly $415 million of the total outflows.

Analysts attributed the reversal to renewed U.S.-Iran geopolitical tensions and fears of a Federal Reserve rate hike. Despite the late-week losses, Bitcoin ETFs still posted a third consecutive week of net inflows overall.

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