US Bitcoin ETFs See $500 Million Single-Day Inflows as Bitcoin Rises 12% Amid Middle East Tensions

Bitcoin ETFs in the US recorded roughly $500 million in net inflows in a single day, with 10 of the 11 listed products drawing strong investor demand during heightened Middle East tensions, Bloomberg Senior ETF Analyst Eric Balchunas said. Since the conflict escalated, Bitcoin has gained approximately 12% while gold has declined, sparking debate over their respective safe-haven roles. Some analysts argue gold remains the primary safe-haven in traditional crises and view Bitcoin's behavior as more volatile, noting that long-term market views on digital assets as "digital gold" remain divided.