Bitcoin, Ethereum ETF Outflows Surge ahead of Trump’s Tariff Liberation Day
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Coinspeaker
Bitcoin, Ethereum ETF Outflows Surge ahead of Trump’s Tariff Liberation Day
The Trump’ tariff Liberation Day on April 2 is here, and investors are making cautious moves, pulling out a total of $222 million from US Bitcoin BTC $84 690 24h volatility: 0.9% Market cap: $1.68 T Vol. 24h: $29.21 B ETF and US Ethereum ETH $1 871 24h volatility: 0.5% Market cap: $225.63 B Vol. 24h: $14.98 B ETF in the first two days of this week.
After some inflows over the past week, US Bitcoin ETF flows have turned net negative once again, with Fidelity’s FBTC leading the outflows. Bitwise (BITB), Ark Invest (ARKB), and WisdomTree (BTCW) led $60.6 million outflows on March 31, while BlackRock’s IBIT was the only fund to record positive inflows.
However, on April 1, the outflows surged even further to $158 million, with FBTC and ARKB leading the charge. On the other hand, BlackRock’s iShares Bitcoin Trust (IBIT) has been trying to hold the line with zero of just minor inflows. Similarly, Ethereum ETFs saw net outflows of $3.6 million, according to Farside data, indicating cautious sentiment among institutional investors.
The Spot Bitcoin ETFs saw $157.8M outflow yesterday.
The Spot Ethereum ETFs saw $3.6M outflow.
INSTITUTIONS ARE REDUCING RISK AHEAD OF TODAY’S TARIFF ANNOUNCEMENT! pic.twitter.com/bLW5xPEj6U
— Crypto Rover (@rovercrc) April 2, 2025
Bitcoin, Ethereum ETF Investors Remain Cautious Before Trump’s Liberation Day
Ahead of the Trump Liberation Day announcement on April 2, traders are taking a cautious “wait-and-see” approach. US President Donald Trump has already hinted at his intentions to unveil sweeping new tariffs. As a result, market participants are bracing for the volatility ahead as the global tariff war kicks in.
Currently, investors are quite unsure of their broader impact on the economy and crypto markets.
Market views update
Markets crawl higher if headlines remain neutral to benign this week, then freeze as we await April 2nd, which is reciprocal tariffs day announcement or, as Trump called it, Liberation Day.
April 2nd is similar to election night. It is the biggest event of…
— Alex Krüger (@krugermacro) March 23, 2025
Despite Bitcoin’s struggle to attract institutional safe-haven flows, its long-term outlook remains strong. This is evident as Bitcoin’s supply on exchanges has fallen to 7.53%, the lowest level since February 2018, signaling increased holding sentiment among investors.
Gold Becomes the Ultimate Winner
While Bitcoin seeing strong selling pressure, Gold price has continued to hit fresh highs amid the ongoing macro uncertainty.
🔥 Bitcoin = Digital Risk, NOT Digital Gold
Bitcoin is crashing harder than stocks, yet people still call it “digital gold.” But if it were truly digital gold, wouldn’t it act more like gold? Instead, Bitcoin behaves like a high-risk asset—just like penny stocks. So why would… pic.twitter.com/Jw1lG3sJvU
— Peter Schiff (@PeterSchiff) April 2, 2025
A Bank of America survey revealed that 58% of fund managers favor gold as a safe-haven asset amid trade war concerns, while just 3% support Bitcoin.
Bitcoin, Ethereum ETF Outflows Surge ahead of Trump’s Tariff Liberation Day
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