Bitcoin slips below $83,000 as Middle East tensions offset $528M ETF inflow
- —BTC trades near $82,287, down over 2% after rejection at $85,000
- —US spot BTC ETFs took in $528.4M Wednesday, over $1B for the week
- —FINMA approves BBIT, Switzerland's first spot Bitcoin ETF
- —Iran says four vessels were hit in the northern Persian Gulf
Why it matters: ETF inflows underpin demand, but geopolitical risk keeps BTC pinned in the $80K–$85K range and blocks a push to fresh highs.
Source: FXStreet Crypto