Bitcoin Spot ETFs Hit By $713 Million Outflow Amid Rising Trade Tensions
Recent developments in the market have resulted in American spot Bitcoin exchange-traded funds (ETFs) facing significant challenges. Trade tensions between the United States and China have contributed to unprecedented withdrawals, totaling $713 million just last week. This marks the seventh consecutive day of net outflows, signaling growing concern among investors. The situation raises critical questions about the stability of Bitcoin ETFs and their ability to navigate turbulent market conditions. Investors must stay informed as changing dynamics could adjust strategies and expectations moving forward in the crypto market.