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Bitcoin ETFs See Massive Outflow as BTC Price Slumps

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US-listed Bitcoin ETFs experienced a net outflow of $225.2 million on Thursday, ending a seven-day streak of inflows totaling nearly $1 billion.

This reversal coincided with Bitcoin briefly dropping below $65,000 amid weakening US equity markets and renewed US-Iran tensions.

Despite the outflow, Bitcoin ETFs still recorded about $274 million in weekly net inflows through Thursday.

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