**Crypto Market Shaken by Middle East Tensions**

Institutional investors are jittery as tensions rise in the Middle East, leading to significant outflows from US spot Bitcoin ETFs. On October 1, these funds saw nearly $243 million in outflows, the largest in almost a month, according to Farside Investors.

- **Biggest Losers:** Fidelity Wise Origin Bitcoin Fund lost $144.7 million, ARK 21Shares Bitcoin ETF shed $84.3 million.

- **Other Outflows:** Bitwise Bitcoin ETF ($32.7M), VanEck Bitcoin ETF ($15.8M), Grayscale Bitcoin Trust ($5.9M).

- **Positive Note:** BlackRock iShares Bitcoin Trust gained $40.8 million.

Bitcoin prices dipped nearly $4,000 post-Iran's missile attack on Israel, hitting a two-week low before a slight recovery. Ether ETFs also saw $48.6 million in outflows, with Grayscale and Fidelity leading the losses.