Trump's Trade War Causes Minor Losses for Crypto Funds, Says CoinShares
Date: 2025-04-08 Author: Henry Casey Categories: BUSINESS
According to CoinShares, over the past week, investors withdrew about $172.7 million from spot Bitcoin ETFs. Altcoins also showed negative dynamics: the outflow from ETH ETFs amounted to $37.7 million, and from funds associated with Solana and Sui - $1.8 million and $4.7 million, respectively. Despite these figures, analysts argue that the losses remain relatively small against the backdrop of global economic chaos.
CoinShares specialists suggest that the crypto market may reach its bottom by June. However, further development of the industry will directly depend on US negotiations with major trading partners regarding new tariffs. If the dialogues have a positive outcome, the market may stabilize and move to the recovery phase.
According to a recent report from CoinGecko, the global capitalization of the cryptocurrency market has significantly decreased — by more than 10% — and amounted to $2.5 trillion. This happened against the backdrop of a collapse in global stock markets, which increased uncertainty among investors.
In general, CoinShares analysts emphasize that, despite unfavorable external conditions, the crypto industry is demonstrating amazing resilience, which may become the key to its further growth after the situation on international markets stabilizes.
