Bitcoin exchange-traded funds (ETFs) recorded $412 million in net inflows amid escalating tensions between Iran and Israel, reflecting growing investor interest in crypto as a geopolitical hedge. The influx marks one of the highest daily totals in recent months for U.S.-listed spot Bitcoin ETFs.
BlackRock’s iShares Bitcoin Trust led the surge with $290 million in inflows, followed by Fidelity’s Wise Origin Bitcoin Fund, which brought in $99 million. The spike in demand underscores Bitcoin’s emerging role as a safe-haven asset during times of global uncertainty.
The renewed interest comes as Bitcoin prices hover around the $64,000 mark, showing resilience despite market volatility. Analysts suggest investors may be turning to digital assets for portfolio protection amid rising concerns over conflict and macroeconomic instability.
While Bitcoin has traditionally been viewed as a high-risk asset, its performance during recent global tensions suggests a shift in perception. As institutional interest grows, ETFs continue to play a pivotal role in making the asset more accessible to traditional investors.
