Tariff Fears Trigger $173M Pullout from Bitcoin ETFs in Weekly Slump
Bitcoin ETFs ended a two-week inflow streak with a $173 million net outflow, driven by rising concerns over U.S. tariffs.
The sharpest pullback came on April 1 with a $157.64 million exit, while a brief recovery on Wednesday brought $220.76 million in but failed to offset the week’s losses. Grayscale’s GBTC led the outflows, followed by funds from Wisdomtree, Blackrock, and Bitwise. In contrast, a few ETFs like Franklin’s EZBC and Fidelity’s FBTC posted modest gains. Meanwhile, Ether ETFs recorded their sixth consecutive week of outflows, losing nearly $50 million, with Wednesday again marking the heaviest outflow day.
Investors appear to be reassessing their crypto exposure amid growing geopolitical and economic uncertainty.
Clever Robot News Desk 8th April 2025
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