TLDR
- US Bitcoin ETFS registered $ 172.89 million in net outflows last week
- Investors withdrew about 700 Bitcoin from ETFS
- Grayscale gbtc experienced the largest outflows to $ 95.5 million
- Bitcoin price fell below $ 76,500 and fell 18.5% from its top of $ 108,786
- The marketing position became careful with the Fear & Greed Index at 40
US site Bitcoin exchange traded funds published $ 172.89 million in net outflows over the past week. This reversal came after a positive two -week line that had taken almost $ 941 million in the funds. The outflows coincided with escalating trade voltages following President Donald Trump’s announcement of new customs.
Data from Sosovalue Shows the 12 Spot Bitcoin ETFs who experienced outflows on four of the five trading days between March 31 and April 4. Monday saw $ 71.07 million leaving the funds. Tuesday registered $ 157.64 million in outflows.
The pattern continued that $ 99.86 million expired on Thursday and $ 64.88 million on Friday. On Wednesday, the only positive data point provided with $ 220.76 million that flowed into the funds.
Top ETF artists and losers
Grayscale’s GBTC carried the crime of investors’ withdrawals and lost $ 95.5 million during the week according to Faside data. Wisdomtrees BTCW came with $ 44.6 million in outflows.
Several other funds also met redemption. Ibit lost $ 35.5 million. Bitb saw $ 24.1 million. ArkB experienced $ 22.2 million in outflows.
Hodl Funds registered a more modest $ 4.9 million in net redemption. The data shows that investors withdrew about 700 Bitcoin total from these funds.
Not all ETFs suffered from withdrawals. Grayscales Spot Bitcoin Trust, Franklin Templetons EZBC and Fidelity’s FBTC bundled the trend. These three funds attracted a combined inflow of $ 61.8 million.
The remaining bitcoin ETFs ended the week flat. This mixed performance indicates varying investors’ feeling of different fund offers.
Wider market context
The decline in ETF demand comes when Bitcoin published its worst performance from the first quarter since 2018. The Cryptocurrency market met Press from several directions recently.
President Trump’s customs plans led to market anxiety. The proposals include a flat 10% on all imports and higher prices for some trading partners. These announcements aroused fear of a potential global trade war.
By press time, the overall crypto market had dropped almost 10% over a 24-hour period. Bitcoin dropped 9.3%and broke below $ 76,500. Bitmex founder Arthur Hayes had previously warned this price point must hold to prevent deeper losses.
#Bitcoin ETFS saw outflows last week and unloaded almost 700 $ BTC! pic.twitter.com/lbbybtxdd
– ali (@ali_charts) April 6 2025
The current Bitcoin Prize of $ 88,614 represents a decline of 18.5% from its maximum time of $ 108,786. The daily trading volume reached $ 4.43 billion on April 4 when investors reacted to market conditions.
Bitcoin ETFS collectively handles $ 94.45 billion in assets. This represents the ownership of approximately 5.65% of Bitcoin’s total market value.
Ethereum ETFs also met investors. These funds recorded $ 49.93 million in outflows last week. This marks six weeks redemption in a row totaling $ 795 million.
Market indicators reflect growing caution. Fear & Greed Index is currently reading 40 and shows investors nervousness about current conditions.
The total market for the Cryptocurrency market is $ 3.01 trillion. Investors balance concerns about market vollatility with external factors such as Trump’s proposed 25% customs on imported vehicles.
Other events that affect market confidence include a reported hack of $ 1.4 billion in Bybit Exchange. Bitcoin had previously shown some stability and traded between $ 94,000 and $ 98,000 in February before the last decline.
The 12 US Bitcoin ETFs have attracted $ 36.07 billion in total investments since the launch in January 2024. Despite the latest outflows, this figure matches the total incoming capital according to April 4 -data.
