Crypto investment products saw $1.07 billion in outflows as tensions over Iran fueled risk-off sentiment. Bitcoin and Ether led withdrawals, while XRP and Solana gained.

Analysts flagged that geopolitical shocks no longer "hit crypto directly" thanks to institutional transmission via ETF flows.

Crypto funds ended a six-week inflow streak as Iran-linked geopolitical risk weighed on bitcoin amid major U.S. withdrawals.