The 11 Bitcoin ETFs pulled in a miserly $28.3 million ending the day on a positive note. The trading day saw a severe drop in investor activity, as only three of the 11 ETF funds recorded transactions.
This is a recurring trend in the last month of QI 2025, as the primary crypto asset dropped 19.6% from its all-time high. The price drop has led to investors taking profit, resulting in a $4 billion outflow since February.
Other contributing factors include Donald Trump’s tariff policies and a general market downturn caused by certain factors, such as a major hack on Bybit.
Farside Investors UK revealed that Blackrock’s IBIT led the daily inflows, recording a $42 million inflow. This happened to be the only inflow for the day.
Bitwise BITB and Wisdom Tree’s BTCW recorded outflows of $10.1 million and $5.1 million, respectively. The remaining Bitcoin ETFs Funds recorded no transaction for the day.
Bitcoin Price Analysis
Bitcoin is exchanging hands for $87,501, dropping by just 0.2% in the last 24 hours. Following a severe downturn, Bitcoin has failed to cross the $100,000 mark since March.
Several factors contribute to this, and it is a disappointing turn of events for an industry that hoped so much from the Trump Administration.
Trump’s tariffs -25 % on imports from Canada and Mexico (with a 10% rate on Canadian energy) and an additional 10–20% on Chinese goods, effective from early February 2025—have triggered significant volatility in risk assets, including Bitcoin. The immediate effect has been a sell-off.
Bitcoin dropped from its all-time high of $108,000 to as low as $80,000, spooking the crypto market and causing a general meltdown.
The total market capitalization of the crypto market is currently $2.97 trillion, down by 1.8%. However, the Trump administration’s launch of a strategic Bitcoin reserve could turn things around for the industry.
