Cautious investors pull 222 million USD from Bitcoin and Ethereum ETFs before tariff decision

Bitcoin ETFs have faced outflows as cautious investors attempt to minimize risk in light of impending tariffs. With Trump’s announcement set for April 2, institutional sentiment remains bearish, leading to a preference for gold over crypto assets.

Data indicates that nearly 58% of fund managers favor gold amidst trade tensions, seeing it as a safer bet compared to Bitcoin, which remains volatile. The evolving market dynamics suggest that institutions are prioritizing stability over speculative assets.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts