Bitcoin ETFs Shed $225M, Breaking Seven-Day Inflow Streak Amid Iran Tensions
What happened: US spot Bitcoin ETFs posted $225.
What happened: US spot Bitcoin ETFs posted $225.2 million in net outflows on July 23, ending a week-long inflow streak that had attracted nearly $1 billion. BlackRock's IBIT led with $202.5 million in outflows, while only Morgan Stanley's MSBT saw inflows (+$5 million). Ethereum ETFs, in contrast, added $26.3 million, extending their own five-day streak.
Why it matters: The ETF outflows coincided with renewed US–Iran tensions, which also weighed on equities and lifted oil prices. While the single-day outflow is notable, the week still closed net-positive for Bitcoin ETFs. The divergence between Bitcoin and Ethereum ETF flows suggests shifting investor sentiment and risk tolerance.
Source: Decrypt, CryptoSlate