Bitcoin ETFs See Outflows Amid Rising Recession Fears

Spot Bitcoin exchange-traded funds (ETFs) faced significant outflows in recent weeks, totaling nearly $772 million between March 28 and April 8, according to Farside Investors data. This trend continued even after the temporary lifting of most US import tariffs on April 9th. Experts are unsure why investors remain hesitant despite Bitcoin’s rally to over $82,000 on April 9th, which failed to boost ETF investor confidence.