Bitcoin ETF Investors Flee: $242M Outflow as Middle East Tensions Rise

U.S. spot Bitcoin ETFs saw significant outflows on Tuesday, October 1st, as Bitcoin dropped below $61,000 due to rising tensions in the Middle East. Data from Farside Investors indicates that the ETFs had aggregate outflows of $242.6 million, the second-largest outflow in nearly a month, with BTC ETFs experiencing a $288 million outflow on September The post Bitcoin ETF Investors Flee: $242M Outflow as Middle East Tensions Rise appeared first on Coin Edition .

Source: Coin Edition