📉 **Crypto Market Update: Bitcoin ETFs See Major Outflows Amid Geopolitical Tensions**

- **Bitcoin ETFs:** U.S. spot Bitcoin ETFs faced a second day of outflows on Oct. 2, with $91.76M withdrawn as BTC dipped below $61K.

- **Leading Outflows:** ARK 21Shares’ ARKB saw $60.26M exit, while Grayscale’s GBTC lost $27.31M.

- **BlackRock & Bitwise:** BlackRock’s IBIT ETF saw $13.74M outflows, its first in a month. Bitwise’s BITB lost $11.51M.

- **Fidelity’s FBTC:** The outlier, gaining $21.08M in inflows.

- **Market Volume:** Dropped to $1.66B from $2.53B.

- **BTC Price:** Fell to $60,100 amid Middle East tensions, recovering slightly to $61,300.

- **Analyst Predictions:** Potential BTC drop to $52K if support fails.

- **Ether ETFs:** Bucked the trend with $14.45M inflows, led by BlackRock’s ETHA.

💬 **What’s your take on the market trends? Share your thoughts below!**