U.S. Bitcoin exchange-traded funds (ETFs) have experienced their most extended period of withdrawals since launching in January 2024, with over $5.5 billion in outflows over the past five weeks.
This decline in value coincides with growing investor caution, as many are pulling away from high-risk investments due to concerns about U.S. President Donald Trump’s tariff policies and broader economic instability.
Despite Trump’s historically favorable stance on cryptocurrencies, including discussions on digital asset stocks, both Bitcoin and other digital currencies have faced significant struggles in 2025. Experts believe the negative market sentiment driven by escalating trade tensions is outweighing any optimistic views on digital assets.
“Right now, Bitcoin and cryptocurrencies are largely influenced by broader economic trends. I don’t foresee Bitcoin separating itself from other risk assets in the near future,” said Greg Magadini, Amberdata’s director of derivatives.
Bitcoin, which surged to record highs following Trump’s election win, has since faced a decline, with its value down by 12% year-to-date. With continued economic uncertainty surrounding risky assets, investors remain on edge, closely monitoring whether Bitcoin can break free from its current downturn.
After weeks of uncertainty, the bearish grip on Bitcoin may finally be easing, according to a recent analysis by crypto research firm Swissblock.
On April 17, 2025, U.S. spot Bitcoin ETFs experienced a significant uptick in inflows, while Ethereum ETFs saw no net movement, according to data from Farside Investors.
Bitcoin has soared to new heights in 2024, yet the excitement that once accompanied these milestones is strangely missing. Instead of wild rallies and viral trading crazes, the current market feels almost businesslike—more calm than chaos.
Oklahoma is stepping away from its bid to create a state-managed Bitcoin reserve after a closely watched proposal failed to clear a key hurdle in the State Senate.