Bitcoin ETFs Experience $225M Net Outflow Amid Iran Tensions
U.S. spot Bitcoin ETFs saw net outflows of $225.2 million on July 23, ending a seven-day inflow streak, as reported by Decrypt. The outflows were largely driven by BlackRock's IBIT fund, which lost $202.5 million, amidst rising geopolitical tensions related to Iran.
On July 23, U.S. spot Bitcoin ETFs recorded net outflows totaling $225.2 million, effectively ending a seven-day inflow streak that had previously attracted nearly $1 billion, according to data from SoSoValue. Notably, BlackRock's IBIT fund was responsible for most of these outflows, shedding $202.5 million, while only Morgan Stanley's MSBT managed to add funds, bringing in $5 million.
This development coincides with a broader market context, as U.S. stocks also faced declines, largely attributed to ongoing military tensions between the U.S. and Iran, which have contributed to rising oil prices. During this period, Bitcoin's price temporarily dipped below the $65,000 mark, hitting approximately $64,600. This price movement occurred as traders noted a bearish signal known as a "death cross," indicating potential further declines.
Despite the recent outflow, it is essential to recognize that the overall performance of Bitcoin ETFs remains positive, as funds still ended the week up by about $274 million, demonstrating a net gain over the preceding sessions. Additionally, spot Ethereum ETFs experienced inflows of $26.3 million, extending their streak to five consecutive days, showcasing a contrasting trajectory amid the Bitcoin market's challenges.
Summary based on original reporting by Jose Antonio Lanz at Decrypt, originally published Jul 24, 2026. SolanaWire does not republish source content.
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