Crypto ETF Weekly Recap: Bitcoin ETFs Net $173 Million Outflows as Tariff Concerns Shadow Investor Sentiment
Singapore, April 9 – After two consecutive weeks of growth, the Bitcoin ETF market has seen a massive outflow, with total outflows reaching $172.69 million over the past week. The sharp correction comes amid growing concerns over US tariff policies, which have shifted investor sentiment to a more defensive and cautious stance.
Bitcoin ETFs Turn Down, Biggest Outflows Since Q2
The most notable drop of the week was on April 1, when investors pulled $157.64 million out of Bitcoin ETFs – the biggest outflow of the week. While the market saw a glimmer of light the following day with $220.76 million inflows, the buying pressure was not enough to offset the week-long selling pressure.
Grayscale continued to lead the outflows, with the GBTC ETF seeing $95.48 million in outflows. Other notable ETFs were also under pressure, including WisdomTree’s BTCW (-$44.53 million), BlackRock’s IBIT (-$35.52 million), Bitwise’s BITB (-$24 million), ARKB (-$22.26 million), Valkyrie’s BRRR (-$7.87 million), and VanEck’s HODL (-$4.85 million).
However, there were some small bright spots amid the sell-off. Grayscale’s BTC saw $34.28 million inflows, while Franklin’s EZBC and Fidelity’s FBTC attracted $17.40 million and $10.16 million, respectively.
Ether ETFs Continue to See Red for Sixth Consecutive Week
Equally negative, Ether ETFs continued their outflow trend with a sixth consecutive week of outflows, totaling $49.93 million. Wednesday was once again the biggest day of outflows, as the market saw $51.24 million leave ETH-related funds.
Grayscale’s ETHE saw the largest outflows of $31.08 million, followed by BlackRock’s ETHA (-$20.17 million), Bitwise’s BITB (-$6.19 million), and Grayscale’s ETH (-$2.70 million).
Despite the outflows trend, some Ether funds remained stable. Fidelity’s FETH attracted $6.42 million, while Franklin’s EZET and 21Shares’ CETH recorded inflows of $2.06 million and $1.72 million, respectively.
Market sentiment cautious on geopolitics and trade policy
This week’s figures clearly reflect investors’ strategic adjustment amid geopolitical uncertainties and growing concerns over US trade policy. Bitcoin and Ether – the top two digital assets – were both under pressure as their ETFs reflected a clear risk-off sentiment.
Last week’s flow patterns suggest a cautious approach to risk assets, as investors recalibrate their exposure to crypto ETFs amid global economic and policy headwinds.