Bitcoin ETFs See $100 Million in Net Outflows on 03.04.2025
In the wake of President Donald Trump’s latest tariff announcements, Bitcoin spot ETFs have experienced significant net outflows as investors reevaluate their strategies and move away from risk assets.
According to Farside data, U.S. spot Bitcoin ETFs saw a net outflow of nearly $100 million on April 3, 2025, marking a stark contrast to the $220.76 million in inflows recorded on the day Trump announced tariffs on over 50 countries.
Spot Bitcoin Exchange Traded Funds Experience Significant Sell-Offs
For the week, Bitcoin ETFs have faced a net selling of $107.81 million, as market participants appear to be pulling back from riskier assets like Bitcoin in response to the uncertainty created by the tariff measures. The sell-off followed a volatile period, with spot Bitcoin ETFs being particularly impacted by the economic implications of the tariff announcements, which have rattled global markets.
Grayscale’s GBTC ETF Leads the Outflows
Among the Bitcoin ETFs, Grayscale’s GBTC led the pack in terms of net outflows, with $60.2 million in sales. Other major ETFs also saw significant negative inflows, including Bitwise BITB’s $44.19 million, Fidelity FBTC’s $23.27 million, and ETFs from Ark, 21Shares ARKB, VanEck’s HODL, and WisdomTree’s BTCW.
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BlackRock’s IBIT Sees Inflows Amid the Chaos
Despite the broader trend of outflows, BlackRock’s IBIT ETF managed to attract $65.25 million in inflows on April 3, making it the only Bitcoin ETF to experience a net inflow during this period. This suggests that some investors remain optimistic about Bitcoin’s long-term potential, even in the face of immediate market uncertainty.
Market Reaction to Trump’s Tariff Measures
The sudden shift in investor sentiment follows Trump’s tariff announcements, which introduced a 25% levy on foreign-made cars and a 10% minimum import tariff on U.S. trading partners. The aggressive trade measures caused widespread volatility in both traditional financial markets and cryptocurrencies, contributing to a shift away from risk assets like Bitcoin.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
