Bitcoin Holds Steady Amid Tariff Tensions and ETF Outflows
As global markets react to President Trump’s announcement of increased tariffs on aluminum and steel imports, Bitcoin has maintained a relatively stable trading range between $103,000 and $106,000. The new tariffs, set to rise from 25% to 50% effective June 4, have sparked a risk-off sentiment across financial markets. Notably, BlackRock’s spot bitcoin ETF (IBIT) recorded a significant $430 million outflow, marking the end of its prolonged inflows streak. Market analysts suggest that tariff tensions will continue to dominate the narrative in the near term, with Bitcoin’s current price standing at 104,138.21 USDT. Despite the macroeconomic uncertainties, Bitcoin’s resilience highlights its growing role as a hedge against traditional market volatility. Investors are closely watching for further developments, as the interplay between geopolitical tensions and institutional ETF flows could shape Bitcoin’s trajectory in the coming weeks.
Tariff Tensions and BTC ETF Volumes Dominate Crypto Market Narrative
President Trump’s announcement of increased tariffs on aluminum and steel imports from 25% to 50% effective June 4 has triggered a broad-based risk-off sentiment across global markets. bitcoin has traded within a narrow range of $103,000-$106,000, with BlackRock’s spot bitcoin ETF (IBIT) recording a $430 million outflow—ending its prolonged inflows streak.
Market analysts anticipate tariff tensions will remain the dominant macro narrative through June, with critical policy deadlines looming in early July. "In the absence of fresh catalysts, BTC could remain rangebound, with the $100,000 and $110,000 levels key to watch," noted QCP Capital, a Singapore-based trading firm.
Spot bitcoin ETFs continue to gain prominence, with cumulative trading volumes now exceeding 40% of total spot volume. This trend reinforces the growing institutional influence on bitcoin’s price dynamics, as highlighted by Bitwise’s research team.
Crypto India Goes Big in June – Major Legal Clarity Expected
India is poised to end years of regulatory ambiguity with a decisive move on cryptocurrency oversight. The forthcoming release of a comprehensive discussion paper marks a strategic shift, aligning with global momentum sparked by U.S. political endorsements of digital assets.
While nations like Pakistan made headlines with radical proposals, India’s approach remains measured. A senior official emphasized national interest WOULD guide policy, avoiding reactive decisions given the industry’s systemic implications. The framework will synthesize domestic expertise and international benchmarks.
Strategy Purchases 705 BTC, Boosts Holdings
Michael Saylor’s investment strategy has aggressively expanded its Bitcoin holdings, acquiring an additional 705 BTC for $75.1 million. The purchase was executed at an average price of $106,495 per coin, reflecting continued institutional conviction despite current market valuations.
The firm now holds 580,955 BTC—a position worth approximately $40.68 billion at acquisition cost. With an average buy-in of $70,023 per Bitcoin, the strategy demonstrates a 16.9% yield year-to-date in 2025. Such accumulation patterns suggest sophisticated players are treating Bitcoin as a Core treasury asset rather than speculative exposure.
Metaplanet Expands Bitcoin Holdings with $117 Million Purchase, Nearing 10,000 BTC Target
Metaplanet, the Tokyo-listed firm often compared to MicroStrategy, has acquired an additional 1,088 Bitcoin for $117 million, bringing its total holdings to 8,888 BTC. The purchase was made at an average price of $108,400 per coin, signaling strong institutional confidence in Bitcoin’s bull cycle.
The company’s aggressive accumulation strategy, fueled by last week’s $50 million zero-interest bond issuance, positions it as Asia’s leading corporate Bitcoin holder and a top-ten global player. Bitcoin’s price volatility—reaching an all-time high of nearly $112,000 before settling at $104,342—has not deterred Metaplanet’s ambition to hit 10,000 BTC by year-end.
MicroStrategy remains the world’s dominant corporate Bitcoin holder with over 580,250 BTC. Metaplanet’s latest move underscores a broader trend of institutional adoption, leveraging non-dilutive financing to bolster crypto reserves.
Corporate Bitcoin Accumulation Intensifies as Strategy and Metaplanet Expand Holdings
Strategy, formerly MicroStrategy, has solidified its position as a dominant institutional Bitcoin holder with a $427 million purchase of 4,020 BTC between May 19-25, 2025. The acquisition elevates its treasury to 580,250 BTC - a staggering position that dwarfs most corporate balance sheets. Funding came through equity sales including 847,000 MSTR common shares and preferred stock offerings.
Michael Saylor’s cryptic "Orange is my Preferred Color" tweet preceded the announcement, continuing his signature pattern of telegraphing major buys. This follows April’s $1.4 billion spending spree across three consecutive weeks, demonstrating relentless accumulation despite market conditions.
Meanwhile, Japan’s Metaplanet has joined the institutional adoption wave with a 1,088 BTC purchase. While smaller in scale than Strategy’s moves, the Tokyo-listed firm’s growing digital asset treasury signals expanding corporate interest beyond Western markets.
