Bitcoin ETFs post $172m in weekly outflows amid market bloodbath

In the United States, the funds negotiated in exchange for Bitcoin recorded a negative week once again in the middle of commercial tensions at climbing after the announcement by President Donald Trump new prices, on “Liberation Day” functions.

According to data From Sosovalue, the 12 ETF Bitcoin of 12 points brought in $ 172.89 million in net outings in last week, slamming a two -week entry sequence which attracted nearly $ 941 million in the funds.

In particular, these ETFs experienced out of four of the five days between March 31 and April 4. Monday, $ 71.07 million on outings, followed by $ 157.64 million on Tuesday, $ 99.86 million Thursday and $ 64.88 million on Friday. The only positive day was on Wednesday, with $ 220.76 million in entries.

The majority of outings came from Graycale GBTC, which lost $ 95.5 million compared to last week, followed by Wisdomtree’s BTCW with $ 44.6 million per fasid data. In addition, outings came from IBIT, BitB, Arkb and Hodl funds, which saw $ 35.5 million respectively, $ 24.1 million, $ 22.2 million and $ 4.9 million in net takeover.

However, it was not entirely a downward week at all levels, as a Bitcoin Trust spot in Graycale, Ezbc de Franklin Templeton, and the FBTC of Fidelity has always seen combined entries of $ 61.8 million. The remaining BTC ETF remained flat over the five days.

The drop in investors’ demand was not limited to Bitcoin ETF. Etf Ethereum recorded $ 49.93 million on releases last week, marking six consecutive weeks of withdrawals totaling more than $ 795 million.

These outings came when Bitcoin has published his worst performance in the first quarter since 2018, and the feeling of investors has weakened due to Trump’s new price plansStarting with a 10% dish on all imports and higher rates for certain key business partners, which raises fears of a new world trade war.

At the time of the press, the cryptography market fell by almost 10% during the last day. Bitcoin had dropped by 9.3%, falling below the $ 76,500 mark, a co-founder of Bitmex Arthur Hayes level level previously informed must be held to avoid deeper losses.