Bitcoin ETFs See Record Outflows Amid Tariff Fears; Ethereum Struggles, Dogecoin Gains Ground

Edited by: Yuliya Shumai

On Tuesday, U.S. spot Bitcoin ETFs experienced a record $326 million outflow, the largest since March 11, as investors reacted to escalating U.S. trade tensions. BlackRock's IBIT was particularly affected, losing $253 million. This coincided with Bitcoin's price dropping to $75,100, a five-month low. Ethereum ETFs also saw outflows, with Fidelity's fund leading the decline as Ethereum's price fell below $1,450. In contrast, 21Shares launched a Dogecoin ETP on Switzerland's SIX Swiss Exchange, marking a positive development for the meme-inspired cryptocurrency.

Read more news on this topic:

Bitcoin ETFs See First Net Inflows in Five Weeks, Attracting $744.3 Million

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

Bitcoin ETFs Experience Mixed Flows: IBIT Gains While Others See Outflows Amid Market Uncertainty

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