Bitcoin ETFs Face $172M Weekly Outflows as Trade Tensions Rattle Markets

U.S. spot Bitcoin ETFs witnessed $172.89 million in net outflows last week, breaking a two-week inflow streak amid market volatility triggered by renewed trade tensions. The outflows occurred across four of five trading days, reflecting investor caution as geopolitical risks resurface.

Bitcoin ETFs See $172m in Weekly Outflows Amid Market Turmoil

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. experienced significant outflows totaling $172.89 million over the past week, ending a two-week inflow streak. The outflows were attributed to escalating trade tensions following President Donald Trump’s announcement of new tariffs. According to data from SoSoValue, the 12 spot Bitcoin ETFs reported outflows on four out of five days between March 31 and April 4, with the only positive day being Wednesday, which saw $220.76 million in inflows. Grayscale GBTC accounted for the majority of the outflows, losing $95.5 million over the week.

Bitcoin’s Death Cross Returns: Whale Panics and $1 Billion Liquidated

A whale lost $2.53M panic-selling 778.5 BTC on Binance after a failed attempt to time the market bottom, highlighting the risk for even large investors. Bitcoin flashed a bearish “death cross” (50-day SMA below 200-day SMA), a technical signal historically preceding extended price downtrends. $1 billion in crypto was liquidated in 24 hours, with Bitcoin falling below $77K and altcoins losing over 14% amid recession fears and tariffs.

Bitcoin Crashes Below $75k After Trump’s Tariff Announcement

Bitcoin has crashed below the $75,000 threshold, falling as much as 12% in the past day. The largest cryptocurrency by market cap has seen its price plummet around 30% below its all-time high of $108,786, which occurred just three months prior. BTC fell as low as $74,604 in the past 24 hours and has only slightly recovered to $73,793 at press time. Its market cap has also suffered, falling by nearly 8% and losing nearly $67 billion, currently standing at $1.48 trillion.

Strategy Marginally in Green on BTC Bet Amid Market Correction

As the crypto market corrects, Bitcoin (BTC) slumps to its lowest level in five months, dropping to $74,500. This slide has left Strategy (MSTR) marginally in the green on its bitcoin acquisition strategy, with an unrealized profit of about 10% or $3.9 billion on its BTC investment. Strategy owns 528,185 BTC, valued at $39.5 billion, with an average cost basis of $67,458 per bitcoin.

Markets in Freefall: Is the Credit Market Forcing the Fed’s Hand?

Financial markets are in a meltdown, strengthening expectations in the credit market that the Fed will soon offer support. Bitcoin (BTC), the leading cryptocurrency by market value, traded 8% lower at $75,800. U.S. stocks were on track for their worst three-day performance, with S&P 500 futures down roughly 5% on Monday alone and losses approaching 15% overall. The Fed has a history of intervening during financial meltdowns with rate cuts and other stimulus measures. Traders are betting that the Fed will act similarly this time, with the federal funds futures market pricing in as many as five rate cuts in 2025. There’s a 61% probability of a 25 basis point cut at the upcoming May 7 meeting.