Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Bitcoin ETFs see sharp $103 million outflow as market reacts to US-China war

Share This Post

On April 7, total spot Bitcoin ETF outflows reached $103.9 million, with no funds reporting inflows. Ark (ARKB) saw a $4.7 million outflow, Invesco (BTCO) shed $12.9 million, Valkyrie (HODL) and WTree (BTCW) each lost around $6 million, and Grayscale’s GBTC led with a $74 million outflow. Meanwhile, BlackRock (IBIT), Fidelity (FBTC), Bitwise (BITB), Franklin (EZBC), and Grayscale’s other Bitcoin ETFs showed no changes.

 spot Bitcoin ETF flows from Mar. 20 to Apr. 7, 2025
Table showing spot Bitcoin ETF flows from Mar. 20 to Apr. 7, 2025 (Source: Farside)

By comparison, April 4 recorded $64.9 million in ETF outflows, primarily from Bitwise, Ark, and WisdomTree. Over the past week, only April 2 saw positive inflows at $218.7 million, driven by Fidelity, Bitwise, and Ark, indicating periods of stronger buying interest amid otherwise frequent net outflows.

These Bitcoin ETF flows come as the crypto market contends with ongoing trade tensions. Bitcoin experienced significant volatility on Monday, triggering $1 billion in liquidations.

The entire crypto market went red after concerns about US trade relations with China. A false report on CNBC based on unconfirmed data from X that the Trump administration was planning a 90-day tariff pause caused a brief rally, pushing Bitcoin past $80,000.

However, BTC quickly corrected to $77,000. The broader market saw even higher losses. Within minutes, the SPDR S&P 500 ETF Trust (SPY) shed nearly $10 and wiped out approximately $2 trillion in value from the broader index.

Spot Bitcoin ETFs weren’t immune to this volatility, and the overwhelming risk-off sentiment led to $103.9 million in outflows. If volatility continues into the week, we can expect to see even higher outflows as institutions and professional investors adjust their positions.

The post Bitcoin ETFs see sharp $103 million outflow as market reacts to US-China war appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Monero and Zcash Light up the Charts as Privacy Coins Quietly Hit $10B

While leading digital assets such as bitcoin, ethereum, BNB, and solana have momentarily paused their momentum toward the end of the weekend, privacy-centric cryptocurrencies have quietly regained

Ethereum SOPR Signals Strength, Suggests More Upside Ahead – Details

Amid a general crypto market uptrend, Ethereum (ETH) has registered a significant price gain over the past months Since Bitcoin embarked on a market rebound in early April, ETH has followed suit,

Behind the Curtain: Inside the Top Hedge Funds Loading up on IBIT and FBTC

The latest data shows that after this week’s spot bitcoin exchange-traded fund (ETF) inflows, Blackrock’s IBIT has amassed 655,57077 BTC, while Fidelity’s FBTC accounts for 200,71272 BTC At the

Latam Insights: Milei Dissolves Libra’s Investigation, Colombian CBDC Comes out of Stealth

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week In this week’s edition, Argentine President Javier Milei dissolves the group

Ethereum Bullish Pattern Points To Immediate $3,000 Target – Details

The Ethereum market price rose by a net 316% in what proved to be another historic week for the crypto market as Bitcoin registered a new all-time high price Notably, the prominent altcoin has

Bitcoin And Ethereum Decoupling Reaches Historic Point — What This Means For Investors

It’s no secret that Ethereum’s performance has been tame compared to Bitcoin since the start of this cycle However, this trend became most apparent at the start of the year when