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Crypto ETPs shed $240M last week amid US trade tariffs — CoinShares

cryptoweekly by cryptoweekly
April 7, 2025
in bitcoin, News
0

Year-to-date outflows from crypto ETPs by Grayscale are now bigger than all Bitcoin inflows in 2025 so far, totaling roughly $1.4 billion.

Cryptocurrency exchange-traded products (ETPs) saw renewed outflows last week, with $240 million in investor capital pulled, according to an April 7 report from digital asset manager CoinShares.

The outflows reversed two consecutive weeks of inflows that totaled $870 million, leaving total digital asset ETP holdings at about $133 billion, CoinShares reported.

The new outflows likely reflect investor caution in response to global trade tariffs imposed by the United States and concerns over their potential threat to global economic growth, CoinShares head of research James Butterfill said.

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  • How high can Bitcoin price go?
  • Is Pi Network dead? What really went wrong behind the hype
  • Germany seizes $38M in crypto from Bybit hack-linked eXch exchange
  • SEC floats conditional relief to boost blockchain use in securities trading
  • Ether clocks ‘insane’ 20% candle post Pectra — a turning point?
  • Metaplanet is raising another $21M through bonds to buy more Bitcoin
  • Bitcoin accepted at fast food chain Steak ’n Shake from May 16

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