Bitcoin ETF outflows surged over 300% as US-China trade war concerns escalated

Bitcoin ETF spot outings in the United States jumped last week when the feeling of investors took the increase in trade tensions drawn by the aggressive price plans of President Trump.

According to Sosovalue dataThe 12 ETF Bitcoin with 12 places saw $ 713.3 million withdrawn, more than 300% more than discharges of $ 172.7 million compared to the previous week.

Every day of April 7 to 11 saw money in progress, continuing a sequence that started on April 3. The biggest drop arrived on Tuesday, with $ 326.27 million in outings, while Friday ended the week with a little more than a million dollars.

The Ibit of Blackrock has taken the hardest shot with $ 342.6 million in outings, followed by GBTC from Grayscale with $ 160.9 million and FBTC FIDELITY with $ 74.6 million per fasid data. Other ETFs, such as Bitb, BTCO, ARKB, EZBC, BTCW and Hodl, have also seen outings ranging from around 11 million to 38 million dollars.

The only ETF overthrowing the downward trend was Mini Bitcoin Trust de Graycale, which recorded $ 2.4 million in net entries, while the Valkyrie BRRR saw no flow during the week.

Meanwhile, ETFE Ethereum did not succeed much better than their Bitcoin counterparts, outings jumping from 65% to 82.47 million dollars last week. It is now the seventh consecutive week of ETF withdrawals, increasing more than $ 877 million in total.

The main engine behind it seems to be uncertainty around Trump’s new price plans. It initially announced a stable price of 10% on all imports from April, with even higher rates for the main business partners.

The markets got a little cooled on April 9, when he took a break by tariff hiking for 75 allied countries. That The relief did not last long. The United States then increased certain prices on Chinese products up to 145%, accusing China of unfair trade.

In response, China retaliated with prices up to 125% on American products and has ceased to export minerals from the rare earth. This increased fears of a full -fledged trade war and made nervous investors about more risky assets such as Bitcoin.

At the time of writing the editorial staff, the overall cryptography market was down around 2.1% in the last day. Despite this, Bitcoin rebounded compared to last week from last week from $ 74,773 to almost $ 84,500 on Monday, April 14.

According to Some analystsBitcoin (BTC) is about to get out of its long downward trend. They note that the price is only a few hours from the first key decision which could launch a new phase of upward trend.