Analysis: Bitcoin ETF outflows over $800 million in April, institutions turning to US Treasury bonds for safe haven

--

According to CoinDesk, despite social media calls for "selling bonds and buying coins," US listed Bitcoin spot ETFs have accumulated outflows of over $800 million in April, potentially setting the second highest monthly outflow in history. In the same period, the response to the US debt bidding was enthusiastic. The three-month treasury bond bond interest rate rose to 4.225%. Institutions continued to increase their holdings of short-term US debt to deal with the market uncertainty brought by Trump's tariff policy.

Loading...