{"id":21439,"date":"2025-04-10T07:47:01","date_gmt":"2025-04-10T07:47:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21439"},"modified":"2025-04-10T07:47:01","modified_gmt":"2025-04-10T07:47:01","slug":"crypto-investors-flee-spot-bitcoin-ether-etfs-on-tariff-driven-uncertainty","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21439","title":{"rendered":"Crypto Investors Flee Spot Bitcoin, Ether ETFs on Tariff-Driven Uncertainty"},"content":{"rendered":"<div>\n<p>U.S.-listed spot bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\" target=\"_blank\">BTC<\/a>) and ether (<a href=\"https:\/\/www.coindesk.com\/price\/ethereum\/\" target=\"_blank\">ETH<\/a>) exchange-traded funds (ETFs) saw outflows Wednesday even as the cryptocurrencies&#8217; prices surged after President Donald Trump announced a 90-day pause in tariffs on most countries, excluding China.<\/p>\n<p>The 11 bitcoin ETFs lost a net $127.2 million Wednesday, with investors withdrawing $89.7 million from BlackRock&#8217;s IBIT alone, according to data from Farside Investors. Wednesday marked the fifth consecutive day of outflows, with the funds losing a cumulative $722 million over the period.<\/p>\n<p>Ether ETFs have also fallen out of investor favor and the nine funds saw a net outflow of $11.2 million Wednesday.<\/p>\n<p>The dwindling demand can be attributed to the macroeconomic uncertainty caused by the U.S.-China trade tensions and volatility in the bond markets that likely led to macro investors selling every asset, including crypto ETFs, for cash.<\/p>\n<p>Markets bounced back sharply later Wednesday after Trump announced <a href=\"https:\/\/www.nbcnews.com\/business\/economy\/trump-tariffs-president-announces-90-day-pause-what-to-know-rcna200463\" target=\"_blank\">a 90-day pause on tariffs <\/a>for more than 75 nations that did not retaliate to his sweeping duties announced a week ago. However, China, which recently placed steeped retaliatory tariffs on U.S. goods, did not get any relief, as Trump hiked the total levy on Chinese goods to 125%.<\/p>\n<p>Bitcoin, the leading cryptocurrency by market value, rose over 8% to $83,500 and teh Ethereum blockchain&#8217;s native token, ether, jumped 13% to $1,770 alongside bigger gains in the altcoin market, CoinDesk data show. Meanwhile, Wall Street&#8217;s tech-heavy index, Nasdaq 100, jumped over 12%, its biggest single-day percentage gains in decades.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S.-listed spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) saw outflows Wednesday even as the cryptocurrencies&#8217; prices surged after President Donald Trump announced a 90-day pause in tariffs on most countries, excluding China. The 11 bitcoin ETFs lost a net $127.2 million Wednesday, with investors withdrawing $89.7 million from BlackRock&#8217;s IBIT alone, according to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21439","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21439"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21439\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}