U.S. Bitcoin ETFs faced outflows of $278 million on June 5th following heightened political tensions between former President Trump and Tesla CEO Elon Musk. This coincided with broader market volatility as investors re-evaluated their positions amidst the ongoing feud. While Bitcoin saw no net inflows, Ethereum ETFs displayed continued positive momentum, recording consistent inflows over a 14-day period. The shift in sentiment impacted related stocks, with Tesla shares declining significantly while Trump Media witnessed a dip as well. Meanwhile, Global crypto exchange-traded products showed varying trends: Bitcoin ETPs experienced outflows of $8 million but Ethereum ETPs saw significant inflows of $321 million, underscoring the evolving investor preference for Ether.