The outflows have coincided with a decline in Bitcoin's price, which fell to around $60,200. This drop reflects the broader market volatility influenced by the ongoing conflict, leading to increased caution among investors. The situation has prompted many to reassess their positions, resulting in substantial withdrawals from Bitcoin ETFs.
Conclusion https://www.coindesk.com/markets/2024/10/02/bitcoin-etfs-bleed-2426m-biggest-outflow-since-sept-3/