Investors Withdraw $326 Million from Bitcoin ETFs Amid Tariff War Escalation

On April 8, investors withdrew $326.3 million from spot ETFs based on digital gold, marking the highest outflow since March 11. This occurred ahead of the implementation of “reciprocal tariffs.”

This series of outflows continued for the fourth consecutive day.

Total inflows shrank to $35.64 billion, with AUM at $85.76 billion.

On April 8, BlackRock’s IBIT contributed significantly to the negative trend with $252.9 million.

“The outflow indicates a renewed wave of risk aversion, and headlines about tariffs could increase pressure on risk assets. ETF flows will remain volatile,” commented Rick Maeda, an analyst at Presto Research, to The Block.

According to the expert, the actual implementation of “reciprocal tariffs” may eventually remove uncertainty from the markets and help stabilize the situation.

Bernstein described the resilience of the leading cryptocurrency amid tariff turbulence as “impressive.”

Earlier, former BitMEX CEO Arthur Hayes stated that new U.S. tariffs could trigger a capital shift into digital gold.