- Bitcoin and Ethereum ETFs face significant outflows amid uncertainty surrounding Trump’s tariff announcements.
- Bitwise Bitcoin ETF stands out with consistent inflows despite a wider trend of fund withdrawals.
- Ethereum ETFs experience modest outflows while 21Shares Core Ethereum ETF sees small gains.
U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) are facing challenges, coinciding with President Donald Trump’s anticipated “Liberation Day” tariff announcements. Trump’s administration once fueled optimism in the crypto markets, particularly pushing Bitcoin prices above $100,000. However, it seems his influence has waned in the crypto space as these funds face growing outflows.
Bitcoin ETFs Experience Consecutive Outflows
Bitcoin ETFs are feeling the pressure, with outflows reaching $157.64 million on April 1, 2025. This marks the third consecutive day of withdrawals, following a brief pause. Among the Bitcoin ETFs, the Bitwise Bitcoin ETF (BITB) remains a bright spot. It attracted $24.53 million in net inflows, bringing its total to $2.02 billion in cumulative net inflows. The fund now holds $3.26 billion in net assets, ranking it fourth in size.
Some Bitcoin-related exchange-traded funds (ETFs) are struggling in the market. ARK 21Shares Bitcoin ETF (ARKB) suffered the biggest net outflow of $87.37 million over this time period. Despite this, the fund still holds $3.95 billion in assets. The Fidelity Wise Origin Bitcoin Trust (FBTC) suffered $85.35 million in outflows which doubled its cumulative flows to reach $11.38 billion and increased net assets to $16.42 billion.
The Bitcoin Trust managed by Grayscale experienced $10.07 million in fund withdrawals. Total GBTC outflows have reached a massive $22.54 billion which has reduced its net asset value to $16.42 billion. The WisdomTree Bitcoin Trust (BTCW) posted a $6.76 million decline in assets, leaving it with $149.65 million in net assets.
Ethereum ETFs Show Similar Trends
Ethereum ETFs also experienced a decline. On April 1, Ethereum ETFs recorded $3.58 million in total net outflows. The 21Shares Core Ethereum ETF (CETH) stood out, posting modest inflows of $1.72 million. CETH has garnered $13.33 million in cumulative net inflows and commands $10.49 million in net assets.
The Bitwise Ethereum ETF (ETHW) saw $2.6 million in outflows, reducing its cumulative net inflows to $317.67 million. Its net assets now total $178.75 million. Similarly, Grayscale’s Ethereum Mini Trust lost $2.6 million, with total net inflows reaching $567.88 million and assets standing at $869.31 million.
The recent trends suggest a challenging period for Bitcoin and Ethereum ETFs as the looming tariff announcements from the Trump administration add uncertainty to the market.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed