US Trade Tariffs Trigger $240 Million Crypto Outflows Last Week

Crypto ETPs (exchange-traded products) saw a significant setback last week, as outflows reached $240 million. The turnout follows escalating trade tensions in the US, sparking investor caution amidst President Donald Trump’s sweeping new import tariffs. Crypto Outflows Hit $240 Million Last Week According to the latest CoinShares report, crypto outflows totaled $240 million last week, primarily driven by fears that trade disruptions could stall global growth. “Digital asset investment products saw outflows totaling $240m last week, likely in response to recent US trade tariff news that poses a threat to economic growth,” CoinShares’ James Butterfill noted source: https://beincrypto.com/us-trade-tariffs-crypto-outflows-april/