In the past two weeks, US Bitcoin ETFs have seen record outflows, driven by increasing trade tensions between the world's two leading economies, the US and China.
Record Outflows from Bitcoin ETFs
According to Sosovalue data, more than $1.14 billion of Bitcoin was withdrawn from ETFs over this period, marking the highest figure since trading began in January 2024.
Impact of International Trade
The situation was exacerbated by the introduction of new import tariffs, causing investor concerns. They await a meeting between US President Donald Trump and Chinese leader Xi Jinping to resolve the trade dispute.
Additional Influencing Factors
Marcin Kazmierczak of RedStone notes that expected interest rate changes and overall market sentiment significantly impact the situation. Nonetheless, major investors like the Abu Dhabi Sovereign Wealth Fund and Wisconsin Pension Fund continue to hold substantial BTC positions via ETFs.
Despite current outflows, long-term trends in Bitcoin ETF flows remain positive, reflecting the confidence of major investors in crypto assets.