Bitcoin ETFs saw $326 million outflows due to global investors fleeing risk assets

From Cointelegraph

April 9, 2025 4:40:00 am:

Bitcoin ETFs saw $326 million in outflows over four days as global investors fled risk assets amid US trade tensions. BlackRock’s iShares Bitcoin Trust ETF had the largest sell-off of $252 million. The S&P 500 suffered a $5 trillion wipeout after Trump announced import tariffs, impacting Bitcoin’s relationship with traditional markets. Bitcoin’s price trajectory remains tied to global liquidity conditions despite weakening correlation with equities. Bitcoin’s growing conceptual influence as a strategic reserve asset for diversification in chaotic traditional markets is becoming more evident.

Read more at Cointelegraph: Bitcoin ETFs lose $326M amid ‘evolving’ dynamic with TradFi markets