Bitcoin ETFs Face Persistent Outflows Despite Market Surge Triggered by Trump’s Trade Pause
While financial markets celebrated a dramatic policy shift from the U.S., spot bitcoin ETFs in the country continued to bleed capital.
On the same day President Trump announced a temporary freeze on most new tariffs, investors pulled over $127 million from major Bitcoin funds.
BlackRock’s flagship bitcoin ETF, IBIT, led the withdrawals with nearly $90 million exiting the fund. Grayscale’s GBTC also saw heavy losses, shedding about $34 million. Other providers, including VanEck and WisdomTree, followed the same trend. Bitwise, however, was the lone exception, attracting roughly $6.7 million in inflows.
Wednesday’s redemptions marked the fifth straight day of negative flows for U.S.-listed spot bitcoin ETFs. The outflows stood in contrast to broader market euphoria, which erupted following Trump’s 90-day tariff freeze and scaled-back duties on many trading partners—though the tariff rate on Chinese imports surged to 125%.
READ MORE: Ray Dalio Warns Tariffs Signal Deeper Global Breakdown, Not Just Market Turmoil
Equities took off. The Nasdaq exploded by more than 12%—its most dramatic rise in over two decades. The S&P 500 jumped nearly 10%, while the Dow surged almost 8%. Shares of crypto-related companies followed suit: Coinbase soared by close to 17%, and Strategy, formerly MicroStrategy, closed nearly 25% higher.
Asian markets responded just as strongly. Japan’s Nikkei 225 climbed over 8%, South Korea’s Kospi added more than 6%, and gains were seen across China and Hong Kong as well.
Bitcoin itself rallied above $82,000, rising over 7% in 24 hours. Ether outperformed, leaping more than 11% to trade near $1,617.
Jeff Mei of BTSE said optimism stems from hopes that most countries will strike trade deals with Washington, avoiding a deeper conflict. Still, concerns over the unresolved U.S.–China tensions continue to weigh on sentiment.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
