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.
The Bitcoin market is entering a complex phase marked by rising realized profits, reduced whale balances, and historically prolonged sideways price movement.
European banking giant UniCredit is preparing to offer its professional clients a new investment product linked to BlackRock’s spot Bitcoin ETF (IBIT), according to a report by Bloomberg.
Connecticut has officially distanced itself from government adoption of digital assets like Bitcoin. On June 30, Governor Ned Lamont signed House Bill 7082 into law, placing sweeping restrictions on how the state and its agencies can engage with cryptocurrencies.
Bitcoin giant Strategy has added another 4,980 BTC to its reserves in a purchase worth approximately $531.9 million, according to Executive Chairman Michael Saylor.