Bitcoin (BTC) Price: Spot ETFs Record $225M in Outflows as Iran War Tensions Hit Markets
TLDR
- Bitcoin ETFs saw $225.2M in net outflows on Thursday, ending a seven-day inflow streak
- BlackRock’s IBIT led losses, shedding $202.5M in a single day
- BTC briefly dipped below $65,000, touching $64,600, under a death cross pattern
- The Crypto Fear & Greed Index fell to 28, the lowest sentiment reading of the month
- Trump ordered a pause in U.S.-Iran strikes, but uncertainty keeps Bitcoin trading flat around $64,300
U.S. spot Bitcoin ETFs recorded $225.2 million in net outflows on Thursday, July 24, ending a seven-session inflow streak that had accumulated close to $1 billion.
It was the first negative day for the category since July 13. Despite the single bad day, the funds still finished the five-day week roughly $274 million higher.
BlackRock’s IBIT was responsible for most of the damage, losing $202.5 million. Fidelity’s FBTC, Bitwise’s BITB, ARK 21Shares’ ARKB, Franklin Templeton’s EZBC, and WisdomTree’s BTCW all posted smaller losses. Morgan Stanley’s MSBT was the only fund to add inflows, pulling in $5 million.
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