**Bitcoin ETFs See Major Outflows Amid Middle East Tensions**
Bitcoin ETFs in the U.S. faced significant outflows of $242.6 million on Tuesday, marking their worst day since early September. This comes as BTC dropped to $60,300, erasing nearly all gains since the Fed's rate cut last month.
- The outflows ended an eight-day streak of inflows.
- The dip coincides with escalating tensions in the Middle East, where Iran fired 200 ballistic missiles at Israel.
- Bitcoin has lost 2.6% since the start of October, a month usually known for BTC gains.
Ether ETFs also saw outflows of $48.5 million, their worst day since late September.
What are your thoughts on the market's reaction? đŹ Share in the comments!
