๐ Bitcoin ETFs See Outflows as Russia-Ukraine Conflict Heats Up
Tensions between Russia and Ukraine have triggered a risk-off shift in markets, impacting crypto sentiment.
๐ป Bitcoin spot ETFs recorded $157.4M in outflows last weekโending a consistent inflow streak since mid-April. Continued outflows could pressure BTC further.
โ ๏ธ Ukraineโs major drone offensive damaged multiple Russian airbases and jets. Despite upcoming peace talks in Istanbul, geopolitical risks remain elevated.
๐ก Investors are rotating to safe-haven assets like Gold (XAU), reducing demand for risk assets like Bitcoin.
๐ Meanwhile, Ethereum spot ETFs saw $285.84M in inflows, marking three straight weeks of gainsโthe strongest since mid-February.
๐ฆ Notably, Japanโs Metaplanet added 1,088 BTC, while Meta shareholders rejected Bitcoin treasury integration.
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