Bitcoin ETFs log biggest outflows in 3 weeks as Iran war fears rise

What: US Bitcoin ETFs saw significant outflows of $**171 million** on Thursday.
Why: Market participants feared another weekend escalation in the US-Israel conflict with Iran.
Signal: The outflows indicate a potential shift in investor sentiment towards riskier assets.
Target: Investors are likely to reassess their portfolios and adjust their exposure to cryptocurrencies.
Risk: The escalating tensions with Iran pose a significant risk to global markets and may lead to further volatility.