Crypto ETFs Slide as Tariff Tensions Rattle Markets
Cryptocurrency-based exchange-traded funds are in a bit of a slope. Following through with the market setback we’ve seen in the previous two weeks, Bitcoin and Ethereum ETFs have been collecting millions in outflows in recent times.
Over $1.2 billion has lef the Bitcoin ETF market since October 10, a date that coincides with Trump’s new tariff announcement on Chinese products. The total net assets of all Bitcoin ETFs combined dropped from nearly $170 billion on October 8th to the current $143 billion. At this point, the Bitcoin exchange-traded fund market has retracted back to early-September levels in net value, according to SoSoValue.
Despite the recent slope, Bitcoin ETFs are still turning more inflows than outflows in…