Crypto funds are bleeding — and Trump might be the reason.
According to CoinShares, global crypto investment products saw a staggering $795 million outflow last week alone. That’s the second week in a row investors pulled out — and the losses are adding up fast.
James Butterfill from CoinShares blames Trump’s tariff talk, saying it’s spooking investors and souring sentiment around digital assets.
Big names like BlackRock, Grayscale, Fidelity, Bitwise, and ProShares all took a hit. Since February, total outflows have skyrocketed to $7.2 billion, nearly wiping out all the gains of 2024. Net inflows for the year? Just $165 million — a brutal fall from earlier optimism.
Is this the beginning of a deeper correction... or just a bump in the road?
Let us know what you think👇
