🚀 Bitcoin$BTC ETFs just hit a speed bump! After 10 straight days of inflows, U.S. spot Bitcoin$BTC ETFs saw a surprise $358.65 million outflow on May 29.
🤔 Why the sudden pullback? It’s all thanks to Trump’s tariff drama! His back-and-forth court battles on trade policy have investors nervous about rising costs and inflation risks. 📈🔥
💸 Here’s the breakdown:
🔻 Fidelity’s FBTC led the pack with $166M outflow
🔻 Grayscale’s GBTC: $107M pulled
🔻 ARKB & BITB: ~$160M combined lost
But wait... 🌞 BlackRock’s IBIT defied the trend with a $125M inflow! 💪 Some see the dip as a golden opportunity.
📊 May is still strong overall!
✅ Over $5.85B net inflows so far
✅ Gold-backed ETFs losing billions – 👑 Bitcoin = New Digital Gold?
🔍 The Big Picture:
Trump’s$TRUMP trade moves could raise prices & fuel inflation fears. The market’s on edge, but Bitcoin’s down just 1.7% – still within 5% of its ATH at $111K. 🚀
💡 Experts say this is just a correction, not the end of the bull run.
💬 So… is this a dip to buy or a storm to ride out?
👉 What’s your strategy? Comment below!
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