Bitcoin and Ethereum exchange-traded funds (ETFs) have seen outflows of $290 million as tensions in the Middle East continue to rise. This news comes amid escalating conflicts in the region, leading to investors pulling their money out of these popular cryptocurrencies. The outflows indicate a sense of uncertainty and risk aversion among investors, as they seek safer assets during times of geopolitical instability. The situation in the Middle East is causing ripples in the financial markets, with cryptocurrencies being no exception. Investors are closely monitoring the situation and adjusting their portfolios accordingly.
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