US-China trade tensions Archives - Coin Engineer https://coinengineer.net/blog/tag/us-china-trade-tensions/ Btc, Coins, Pre-Sale, DeFi, NFT Mon, 24 Feb 2025 19:14:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png US-China trade tensions Archives - Coin Engineer https://coinengineer.net/blog/tag/us-china-trade-tensions/ 32 32 US Bitcoin ETFs Lose $1.14 Billion in Two Weeks! https://coinengineer.net/blog/us-bitcoin-etfs-lose-1-14-billion-in-two-weeks/ https://coinengineer.net/blog/us-bitcoin-etfs-lose-1-14-billion-in-two-weeks/#respond Mon, 24 Feb 2025 19:30:09 +0000 https://coinengineer.net/blog/?p=37255 US spot Bitcoin exchange-traded funds (ETFs) have recorded their largest-ever two-week outflow due to the ongoing trade tensions between the US and China. According to Sosovalue data, in the two-week period leading up to February 21, US spot Bitcoin ETFs experienced a total outflow of $1.14 billion worth of Bitcoin. Major Outflow Reaches Record Levels!

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]]> US spot Bitcoin exchange-traded funds (ETFs) have recorded their largest-ever two-week outflow due to the ongoing trade tensions between the US and China. According to Sosovalue data, in the two-week period leading up to February 21, US spot Bitcoin ETFs experienced a total outflow of $1.14 billion worth of Bitcoin.

Major Outflow Reaches Record Levels!

This sell-off marks the largest two-week outflow recorded since the launch of Bitcoin ETFs on January 11, 2024. The previous largest outflow occurred in June 2024, when Bitcoin’s price was around $64,000, with an outflow of $1.12 billion.

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Bitcoin ETF
US Bitcoin ETF net inflow, weekly, all-time chart.

Trade Tensions and Interest Rate Expectations Are Major Factors!

While the outflows from Bitcoin ETFs were primarily driven by US-China trade tensions, Marcin Kazmierczak, co-founder of RedStone, noted that interest rate expectations, regulatory developments, and overall market sentiment also played significant roles.

Kazmierczak stated, “Big players remain invested despite short-term outflows,” highlighting that both the Abu Dhabi Sovereign Wealth Fund and the Wisconsin Pension Fund continue to hold substantial BTC positions through Bitcoin ETFs, despite recent selling pressures.

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