Crypto ETPs shed $240M last week amid US trade tariffs — CoinShares
Cryptocurrency exchange-traded products (ETPs) saw renewed outflows last week, with $240 million in investor capital pulled, according to an April 7 report from digital asset manager CoinShares.
The outflows reversed two consecutive weeks of inflows that totaled $870 million, leaving total digital asset ETP holdings at about $133 billion, CoinShares reported.
The new outflows likely reflect investor caution in response to global trade tariffs imposed by the United States and concerns over their potential threat to global economic growth, CoinShares head of research James Butterfill said.
Weekly crypto ETP flows since late 2024. Source: CoinShares
Bitcoin ETPs flip monthly total negative
Bitcoin (BTC) ETPs led the downturn, with $207 million…
