Bitcoin ETFs Experience Outflows as Trump Tariffs Spark Market Uncertainty

U.S. spot Bitcoin exchange-traded funds (ETFs) witnessed a significant outflow of $326.27 million on Tuesday, marking the largest single-day withdrawal since March 11th. This exodus was driven by investor apprehension regarding the impact of former President Donald Trump’s new tariffs on Chinese imports. These tariffs have triggered broader market turmoil, prompting many investors to adopt a ‘risk off’ posture.