U.S. spot Bitcoin ETFs posted $225.2 million in net outflows on July 23, ending a seven-session streak that had pulled in nearly $1 billion. BlackRock’s IBIT accounted for most of the exits with $202.5 million, while Morgan Stanley’s MSBT was the only fund to add money with $5 million. The outflows coincided with rising U.S.-Iran military tensions that rattled Wall Street and pushed Bitcoin briefly below the psychologically important $65,000 level, touching $64,600. The Crypto Fear & Greed Index dropped to 28, signaling fear in the market. Despite this bad day, the funds still closed roughly $274 million higher for the week, and spot Ethereum ETFs continued their opposite trend with $26.3 million in inflows for a fifth straight day.
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