Trading of Bitcoin exchange-traded funds (ETF) in the United States has seen the longest weekly net fund outflows since its launch in January last year. Over the past five weeks, a total of more than USD 5.5 billion has been withdrawn from 12 Bitcoin ETFs, according to data collected by Bloomberg. This massive outflow began after Donald Trump returned to the White House, signaling that crypto investors are more concerned about the economic policies and trade wars he incites than the crypto-friendly policies he promised.
Amberdata’s Derivatives Director, Greg Magadini, believes that Bitcoin and crypto assets as a whole are still greatly influenced by the current macroeconomic conditions. “I don’t see Bitcoin moving independently from risky assets in the near future,” Magadini said, as quoted from Yahoo Finance on Tuesday (March 18, 2025).
Bitcoin reached record highs after Trump’s election victory last November but has experienced a significant decline throughout 2025. Currently, Bitcoin has dropped by about 12% since the beginning of the year and is trading around USD 83,500 at 10 am London time. With pressure from global economic policies and market uncertainty, investors seem to be reducing their exposure to risky assets like Bitcoin. Moving forward, it remains to be seen whether this outflow trend will continue or the market will stabilize.
Disclaimer: Every investment decision lies with the readers. Research and analyze before buying and selling Crypto. Liputan6.com is not responsible for the profits and losses resulting from investment decisions.
