Resurgent U.S.-Iran hostilities send bitcoin lower even as ETF flows show demand

60-second summary

Tensions between the U.S. and Iran escalate, sending global markets into a tailspin, with bitcoin plummeting 3.2% to $23,500. Meanwhile, a surge in ETF inflows indicates sustained investor interest in the cryptocurrency, with $15 million flowing into Grayscale's Bitcoin Trust in the past 24 hours. Market volatility prevails as investors reassess risk.