Bitcoin ETFs Experience $127.2M Outflow Despite Price Rally on Tariff Pause

On Wednesday, U.S.-listed spot Bitcoin ETFs saw a net outflow of $127.2 million, despite a price rally following President Trump's announcement of a 90-day tariff pause for most countries. BlackRock's IBIT alone experienced $89.7 million in withdrawals. This marks the fifth consecutive day of outflows, totaling $722 million. Ether ETFs also saw a net outflow of $11.2 million on Wednesday. Bitcoin rose over 8% to $83,500, and Ether jumped 13% to $1,770 following the tariff pause announcement.