**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.

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