Donald Trump's additional tariffs on Chinese imports have also affected Bitcoin ETFs! Withdrawals increased! Here are the details.

U.S. spot Bitcoin exchange-traded funds ler( )ETF saw net outflows of $326.27 million on Tuesday as investors reacted to economic uncertainty caused by former President Donald Trump’s sweeping new tariffs on Chinese imports. It’s the largest single-day outflow since March 11.

US Spot Bitcoin ETFs Saw $326 Million Outflow Ahead of Trump’s New Tariffs

As investors prepare for the consequences of the trade war, the largest daily outflows have been experienced since March. The tariffs that went into effect at midnight today have shaken global markets, contributing to a wave of risk aversion among traders.

Macro Fears Increase Bitcoin ETF Outflows

Presto Research research analyst Rick Maeda stated, “The largest outflow since March 11 indicates that the trend of risk aversion driven by macro sources has been renewed as tariff headlines increase pressure on risk assets.”

Maeda also added that the ETF flows will continue to fluctuate due to investors’ tendency to engage in indiscriminate selling during periods of increased market stress.

BlackRock’s IBIT is Leading the Exits

According to SoSoValue data, BlackRock’s iShares Bitcoin Trust accounted for a large portion of the outflows on Tuesday, totaling $252.9 million.

Other spot bitcoin ETFs have also seen significant withdrawals:

• Bitwise’s BITB lost 21.7 million dollars
• There was an outflow of 19.9 million dollars from Ark and 21Shares’ ARKB.
• Grayscale’s GBTC and Mini Trust also recorded issuances
• Franklin’s EZBC and Invesco’s BTCO also followed this.

On Tuesday, it was the fourth consecutive day of net outflows from US spot Bitcoin ETFs. While there was an outflow of $109.2 million in the products on Monday, the trading volume decreased from $6.6 billion on Monday to $3 billion on Tuesday.