Bitcoin ETF attracts capital for 5 consecutive days amid Israel - Iran tensions

Bitcoin (BTC) has recorded five consecutive days of inflows into ETF funds, despite escalating geopolitical instability due to the conflict between Israel and Iran.

According to data from Farside Investors, the capital flow chain started on Monday ( with over 386 million USD and continued through Friday with an additional 301 million USD, bringing the total capital invested in Bitcoin ETF funds to over 1.3 billion USD in the past five days.

![])https://img.gateio.im/social/moments-1b20a2a132c1b6fb2feedbf96e764020(The inflow data for Bitcoin ETF from May 26 to June 13 | Source: Farside InvestorsThe price of Bitcoin has shown remarkable resilience after Israel's airstrikes against Iran, only dropping about 3% ahead of this news. Coin Bureau founder, Nic Puckrin, commented:

"In the long term, the most important thing for Bitcoin is not geopolitics, but the US dollar index )DXY(. And DXY has just fallen below the 100 mark — the lowest point in over three years. It is clear that the USD is depreciating, and Bitcoin often moves in the opposite direction."

However, Puckrin also warned that risk assets like cryptocurrencies could face a short-term correction if Iran decides to close the Strait of Hormuz — the shipping route for up to 20% of global oil supply.

! [])https://img.gateio.im/social/moments-790cf8e4c70133c750125c68541dad93(The Strait of Hormuz is an extremely important geostrategic location in the Iranian-controlled Middle East | Photo: Bitcoin MagazineIf the Strait of Hormuz is blocked, global energy prices could skyrocket, disrupting markets and causing asset prices to fluctuate sharply. Retaliatory airstrikes between the two sides over the weekend have also raised fears of a region-wide war, which will have far-reaching implications for the cryptocurrency market.

Bitcoin remains stable after geopolitical shock

"The encouraging thing is that after dropping below 103,000 USD — when 422 million USD in long positions were liquidated — Bitcoin has recovered and is currently trading around the 105,000 USD mark," Puckrin said on Friday.

Currently, Bitcoin is less than 6% away from its historical peak of 112,000 USD ) achieved on 22/5(, despite the tense geopolitical situation.

![])https://img.gateio.im/social/moments-8dd1d5140c479f7276eaca019197afea(Bitcoin Price Analysis | Source: TradingViewThis price consistency has led some analysts to predict that BTC may soon establish a new all-time high in the coming weeks or months.

The acceptance of Bitcoin continues to be driven by macroeconomic instability, high government debt, global tensions, and the cracks in the traditional financial system — all of which erode the value of currencies and make limited-supply assets like Bitcoin more attractive to investors.

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