Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap: $3,216,405,490,680
24h Vol: $161,067,777,332
Cryptocurrencies: 13285
Markets: 101559
CoinInsight360.com logo CoinInsight360.com logo
ENG
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

$3,216,405,490,680
Market Cap
$161,067,777,332
24h Vol
13285
Cryptocurrencies
63.48%
Bitcoin Share
CoinDesk 2025-04-10 07:36:42

Crypto Investors Flee Spot Bitcoin, Ether ETFs on Tariff-Driven Uncertainty

Crypto Investors Flee Spot Bitcoin, Ether ETFs on Tariff-Driven Uncertainty

U.S.-listed spot bitcoin ( BTC ) and ether ( ETH ) exchange-traded funds (ETFs) saw outflows Wednesday even as the cryptocurrencies' prices surged after President Donald Trump announced a 90-day pause in tariffs on most countries, excluding China. The 11 bitcoin ETFs lost a net $127.2 million Wednesday, with investors withdrawing $89.7 million from BlackRock's IBIT alone, according to data from Farside Investors. Wednesday marked the fifth consecutive day of outflows, with the funds losing a cumulative $722 million over the period. Ether ETFs have also fallen out of investor favor and the nine funds saw a net outflow of $11.2 million Wednesday. The dwindling demand can be attributed to the macroeconomic uncertainty caused by the U.S.-China trade tensions and volatility in the bond markets that likely led to macro investors selling every asset, including crypto ETFs, for cash. Markets bounced back sharply later Wednesday after Trump announced a 90-day pause on tariffs for more than 75 nations that did not retaliate to his sweeping duties announced a week ago. However, China, which recently placed steeped retaliatory tariffs on U.S. goods, did not get any relief, as Trump hiked the total levy on Chinese goods to 125%. Bitcoin, the leading cryptocurrency by market value, rose over 8% to $83,500 and teh Ethereum blockchain's native token, ether, jumped 13% to $1,770 alongside bigger gains in the altcoin market, CoinDesk data show. Meanwhile, Wall Street's tech-heavy index, Nasdaq 100, jumped over 12%, its biggest single-day percentage gains in decades.

Most Read News

Moralis Money
$3,216,405,490,680
Market Cap
$161,067,777,332
24h Vol
63.48%
Bitcoin Share
31
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.