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Trading King

06/05 10:29

Bitcoin ETFs end 10-day inflow run as Trump tariff

Bitcoin ETFs end 10-day inflow run as Trump tariff drama sparks investor jitters

U.S. spot Bitcoin ETFs hit a rough patch on May 29, snapping their impressive 10-day inflow streak as investors took a step back amid fresh uncertainty around Donald Trump’s trade policy following conflicting court decisions.
According to data from SoSoValue, a total of $358.65 million flowed out of the 12 U.S.-listed spot Bitcoin ETFs on the day, marking the first net outflow since mid-May. This reversal comes after a strong run that saw more than $4.2 billion enter these funds in just 10 days.
Leading the outflows was Fidelity’s FBTC, which saw $166.32 million in investor redemptions. It was followed by Grayscale’s GBTC, with $107.53 million withdrawn, while ARK 21Shares’ ARKB and Bitwise’s BITB lost $89.22 million and $70.85 million, respectively.
Other funds such as Invesco’s BTCO, VanEck’s HODL, Valkyrie’s BRRR, .1749116149098.png
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