Bitcoin ETF Purchases Outpace Losses as Market Sees Major Price Drop

The cryptocurrency market experienced a significant price drop, leading to losses for traders operating with leveraged positions and triggering the liquidation of over 200,000 accounts. Despite this volatility, Bitcoin ETFs saw net inflows, reflecting a divergence in investor sentiment between traditional markets and institutional investors. While major Bitcoin asset prices dropped due to tariff announcements from the U.S., funds like ARK 21Shares and Fidelity Wise Origin recorded positive effects on the market by accumulating more Bitcoin holdings.