Bitcoin ETFs See $395M Outflow Amid US-EU Trade War Fears
Spot Bitcoin ETFs experienced outflows of $395 million, according to reports. This downturn is attributed to growing concerns about a potential trade war between the U.S. and the EU. The market is reacting negatively to the geopolitical uncertainty, leading to a decline in Bitcoin prices and impacting related investment products like ETFs. The development highlights the sensitivity of the cryptocurrency market to broader economic and political events.
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