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Bitcoin ETFs Haemorrhage $225M Amid Geopolitical Tensions

Guavy AI Editorial Team
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BTC
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Bitcoin exchange-traded funds (ETFs) in the US experienced $225.2 million in net withdrawals on July 24, ending a week-long streak of inflows.

The outflows were led by BlackRock's IBIT, which saw $202.5 million withdrawn amid broader market selloffs triggered by escalating U.S.-Iran conflicts and rising oil prices.

Bitcoin briefly dropped below $65,000 and formed a bearish death cross pattern, while the Crypto Fear & Greed Index hit a monthly low of 28.

Despite a temporary military ceasefire ordered by President Trump, geopolitical uncertainty remains high.

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