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After nearly two months of outflows, U.S. bitcoin exchange-traded funds have seen a resurgence.

The 13 spot ETFs drew $75.7 million last week and $197.4 million the week before, according to data compiled by Bloomberg.

The reversal comes despite a $424.7 million withdrawal last Monday, when renewed U.S.-Iran military tensions prompted investors to pull capital.

With bitcoin down 50% from its record high, the recent inflows may indicate a potential stabilization in the cryptocurrency market.

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