Bitcoin ETFs Face $71 Million Exit Amid Tariff Concerns as Ether ETFs Gain $6 Million

CN
1 day ago

Bitcoin ETF Outflows Continue as Investors React to Market Uncertainty

Bitcoin ETFs stumbled into the new week, shedding $71.07 million in funds outflows, extending last Friday’s $93 million retreat. The downward momentum was led by Wisdomtree’s BTCW, which saw a massive $32.55 million exit.

Ark 21shares’ ARKB followed closely with a $23.18 million outflow, while Bitwise’s BITB and Valkyrie’s BRRR lost $19.87 million and $10.56 million, respectively. Despite Blackrock’s IBIT pulling in $15.09 million, it wasn’t enough to offset the sell-off.

Bitcoin ETFs Face $71 Million Exit Amid Tariff Concerns As Ether ETFs Gain $6 Million

Source: Sosovalue

Ether ETFs, on the other hand, are showing signs of a slow but steady recovery. Fidelity’s FETH was the sole contributor to the day’s $6.42 million inflow, marking a continued break from the extended outflow streak that plagued ether funds throughout March.

With total bitcoin ETF trading volume reaching $1.60 billion, net assets declined further to $93.17 billion. Meanwhile, ether ETFs traded at $205.23 million for the day, with total net assets settling at $6.28 billion.

Some analysts speculate that the bitcoin ETF outflows could be tied to uncertainty surrounding President Trump’s upcoming tariffs set to take effect on April 2.

Market participants may be adjusting their positions in anticipation of potential economic shifts, triggering a wave of caution-driven sell-offs. Bitcoin ETFs now face a crucial test as they navigate macroeconomic pressures, with ether ETFs looking to sustain their recovery.

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