US-listed Bitcoin and Ethereum exchange-traded funds (ETFs) experienced significant outflows on Wednesday, with investors seeking safety amid market uncertainty fueled by escalating trade tensions between the US and China. This comes amid a rally in crypto prices driven by President Trump’s announcement of a temporary pause on new tariffs for many countries, but excluding China. 11 U.S.-listed Bitcoin ETFs saw $127.2 million in outflows, driven largely by BlackRock’s iShares Bitcoin Trust (IBIT), which accounted for $89.7 million of the withdrawals. This marks the fifth consecutive day of outflows for Bitcoin ETFs and brings the total to over $722 million in the past week. Ethereum ETFs also witnessed a decline with outflows totaling $11.2 million across nine funds. Analysts attribute this selloff to broader market uncertainty stemming from ongoing US-China trade tensions, prompting investors to liquidate assets, including crypto ETFs, for cash preservation amid uncertainty. Despite a strong rally in Bitcoin and Ethereum prices following Trump’s announcement of the temporary tariff pause, China remained excluded from the relief, as tariffs were increased on imports from China to an exorbitant 125%. The situation highlights the ongoing trade tensions between the world’s two largest economies. This information is for informational purposes only and does not constitute investment advice.