Investors are fleeing digital ownership because risky investments have lost its popularity amid growing uncertainty and economic.
All over the world, Digital Asset Funds Lost $ 1.7 billion last week alone, according to a report from CoinShares, which is taking a total flow within five weeks of $ 6.4 billion. In the US, Bitcoin (BTC) exchange-traded funds (ETFS) logged the longest-stripes of weekly flow since their January 2024 debut, with investors taking more than $ 5.4 billion over the past five weeks.
While President Donald Trump has shown support for cryptocurrencies, including order for establishing a Bitcoin strategic reserveThis support has until now failed to oppose concerns about tariff trading tensions and financial policy.
Bitcoin dropped more than 21% in the past three months to $ 83,000, while CoinDesk 20’s wider index (CD20) lost around 34.6% of its value at the same time.
