Bitcoin ETFs saw $256.6 million in outflows in April, reflecting investor unease amid economic uncertainty and Trump’s tariffs.
April 1st recorded the largest outflow of $157 million, while BlackRock’s IBIT ETF had the biggest intra-day loss.
Bitcoin dropped below the $80,000 psychological level on April 8th, risking the erasure of all gains from last year’s Trump pump as market sentiment weakens.
Bitcoin ETFs have experienced a wave of outflows, signaling a lack of confidence and unease in the market.