Samsung, SK Hynix Shares Surge on Report of Potential Temasek Investment 
Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook 
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges 
SpaceX Shares Surge as Wall Street Backs AI Growth Potential 
Pandora Shares Rise as Q2 Results Beat Forecasts, 2026 Outlook Raised 
DeepSeek to Raise AI API Prices as Demand for New Models Surges 
Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms 
Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges 
FxWirePro- Major Crypto levels and bias summary 
SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges 
Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow 
Add as a preferred source on Google
Bitcoin exchange-traded funds witnessed a massive $243 million outflow as escalating Middle East tensions rattled institutional investors. This marks the largest exodus since early September and reverses eight days of consistent inflows into BTC ETFs.
Bitcoin ETFs Bleed $243 Million Amid Middle East Tensions
With nearly $243 million fleeing U.S. spot Bitcoin exchange-traded funds, institutional investors clearly got scared off by escalating tensions in the Middle East.
Data from Farside Investors shows that on Tuesday, Oct. 1, an aggregate of $242.6 million was pulled out of the eleven US spot Bitcoin ETFs. Previously, on September 3, $288 million left BTC ETFs, making this the biggest outflow in nearly a month.
Reversing an eight-day trend of inflows that peaked at $494 million on September 27, it was the third-largest outflow day in the previous five months.
Fidelity Wise Origin and ARK 21Shares Suffer Major Withdrawals
On October 1st, the most significant withdrawal was $144.7 million from the Fidelity Wise Origin Bitcoin Fund, followed by a $84.3 million loss from the ARK 21Shares Bitcoin ETF.
Bitwise lost $32.7 million, VanEck lost $15.8 million, and Grayscale lost $5.9 million in their Bitcoin exchange-traded funds.
Invesco, Franklin, WisdomTree, Valkyrie, and Grayscale's Mini Bitcoin Trust all had no flows.
BlackRock iShares Bitcoin Trust Defies the Trend
With $40.8 million in assets under management, BlackRock iShares Bitcoin Trust was the lone fund to report positive flows for the day, continuing its streak of 15 days without outflow.
Following Iran's missile strike on Israel on October 1, spot Bitcoin prices fell about $4,000. Prior to its recovery and current price of $61,620, the asset hit a two-week low of $60,315.
Ethereum ETFs Also Hit Hard by Outflows
Similarly, according to Cointelegraph, $48.6 million left the nine US spot Ether ETFs on the same day.
On October 1st, Grayscale's Ethereum Trust lost $26.6 million, continuing to be the bleeding heart. Together, they accounted for the majority of the $25 million lost by the Fidelity Ethereum Trust.
