Bitcoin ETFs Face Mass Outflows Amid US-China Trade War Concerns

Investor withdrawals from U.S. spot Bitcoin ETFs surged to $713 million in just one week, reflecting growing anxiety over the escalating trade tensions between the United States and China. This dramatic shift in sentiment points to a broader trend of investors seeking safety amidst geopolitical uncertainty. As fears of prolonged economic conflict intensify, digital asset markets are once again proving susceptible to traditional global headwinds. [Include link to source: https://www.bloomberg.com/news/articles/2023-04-14/bitcoin-etf-outflows-reach-713m-as-us-china-trade-war-fuels-retreat]