Rising outflows from the spot Bitcoin ETFs reflect investors’ worry that higher inflation could follow the recently implemented US tariffs on multiple countries.
Bitcoin (BTC) spot exchange-traded funds (ETFs) faced significant pressure amid uncertainty caused by the ongoing global trade war. Between March 28 and April 8, these ETFs experienced net outflows totaling $595 million, according to Farside Investors data. Notably, even after most US import tariffs were temporarily lifted on April 9, the funds still recorded an additional $127 million in net outflows.
This situation has left traders questioning the reasons behind the continued outflows and why Bitcoin's rally to $82,000 on April 9 failed to boost confidence among ETF investors.
Spot Bitcoin ETF net flows. Source: Farside Investors

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