Bitcoin gains on Trump's Iran comments; ETFs see outflows

Bitcoin prices saw a modest increase following President Donald Trump's remarks suggesting "serious discussions" with a new Iranian regime, potentially easing geopolitical tensions. However, this positive sentiment is tempered by ongoing geopolitical risks and macro uncertainty, which have contributed to significant outflows from spot Bitcoin ETFs, totaling $296 million for the week. This marks the end of a four-week inflow streak, indicating that investors may be shifting towards more defensive assets or yield-generating opportunities rather than speculative crypto investments.