On Thursday, the U.S. spot Bitcoin ETF saw an outflow of $99.86 million, driven by a significant drop in the U.S. stock market following President Trump's announcement of tariff policies. Grayscale's GBTC led the outflows with $60.2 million, followed by Bitwise's BITB with $44.19 million and Fidelity's FBTC with $23.27 million. However, BlackRock's IBIT, the largest spot Bitcoin ETF by net assets, attracted an inflow of $65.25 million, becoming the only spot Bitcoin fund to record inflows that day.
The outflow of $99.86 million reversed the previous day's inflow of $2.2076 million, reflecting investor panic following Trump's announcement of a 10% base tariff on imported goods, with tariffs on some countries exceeding 50%. This announcement caused a sharp decline in the U.S. stock market, with the Nasdaq index dropping by 6%, the S&P 500 falling by 4.8%, and the Dow Jones index decreasing by 3.9%. The cryptocurrency market was similarly affected, with Bitcoin dropping over 6% during this period, trading at $83,220, while Ethereum fell by 1%, trading at $1,805.
On the same day, the U.S. spot Ethereum ETF also experienced an outflow of $3.59 million, following the previous day's outflow of $51.24 million, indicating the overall negative impact on the market. #Bitcoin #Cryptocurrency #Tariffs #ETF
#市场下跌 #黑石 #Grayscale #以太坊 #股市分析