In the last week, net inflows for spot Bitcoin ETFs in the US had increased impressively, but this has changed due to geopolitical tensions in the Middle East. 📉

Bitcoin ETFs broke the record with $1.1 billion in net inflows in five trading days, while BTC prices rose from $62,000 to $66,500. However, in the last five days, there was an outflow of $274.3 million, and BTC prices fell to $60,000.

Ethereum ETFs suffered a similar fate. Weekly net outflows were $25.4 million, and ETH prices fell from $2,700 to $2,420.