Web Analytics
BitcoinSistemi
2025-04-09 08:54:09

Donald Trump's Additional Tariffs on Chinese Imports Also Affect Bitcoin ETFs! Outflows Increase! Here Are the Details

U.S. spot Bitcoin exchange-traded funds (ETFs) experienced net outflows of $326.27 million on Tuesday, the largest single-day outflow since March 11, as investors reacted to economic uncertainty caused by former President Donald Trump’s sweeping new tariffs on Chinese imports. US Spot Bitcoin ETFs See $326 Million Outflow Ahead of Trump's New Tariffs The biggest daily outflows since March came as investors braced for the fallout from the trade war. The tariffs, which went into full effect at midnight today, have rattled global markets, contributing to a wave of risk-off among traders. Macro Fears Drive Bitcoin ETF Outflows “The biggest outflow since March 11 signals renewed macro-driven risk aversion as tariff headlines add pressure on risk assets,” Rick Maeda, research analyst at Presto Research, said in a statement. Maeda added that ETF flows will continue to be volatile as investors tend to sell indiscriminately during periods of heightened market stress. BlackRock's IBIT Leads Exits BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the bulk of Tuesday’s outflows, with $252.9 million leaving the fund, according to SoSoValue data. Other spot bitcoin ETFs also saw significant withdrawals: Bitwise's BITB Loses $21.7M Ark and 21Shares' ARKB raise $19.9 million Grayscale's GBTC and Mini Trust also recorded redemptions Franklin's EZBC and Invesco's BTCO also followed suit Tuesday marked the fourth consecutive day of net outflows from U.S. spot Bitcoin ETFs, with the products seeing $109.2 million in outflows on Monday, while trading volume fell from $6.6 billion on Monday to $3 billion on Tuesday. *This is not investment advice. Continue Reading: Donald Trump's Additional Tariffs on Chinese Imports Also Affect Bitcoin ETFs! Outflows Increase! Here Are the Details

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.