Bitcoin ETFs Bounce Back as Tariffs Tumble

Spot Bitcoin ETFs See Inflows After Tariff Relief

Hold onto your hats, crypto fans! On April 14, U.S. Spot Bitcoin ETFs roared back to life with a fresh wave of inflows, fueled by a surge in investor confidence after the government decided to ease up on those pesky tariffs slapped on Chinese tech gadgets like smartphones and laptops.

Get this: according to SoSoValue's numbers, the 12 spot Bitcoin ETFs pulled in a cool $1.47 million in net inflows on Monday, snapping a brutal seven-day outflow streak that saw a whopping $878 million yanked out. BlackRock’s IBIT was the star of the show, raking in $36.72 million in inflows, but Fidelity’s FBTC tried to rain on the parade with $35.25 million in outflows. The rest of the ETFs? Meh, pretty much a snooze fest.

But wait, there's more! The total daily trading volume across all these BTC ETFs hit a staggering $2.16 billion on April 14, with the total net inflows since launch clocking in at a mind-blowing $35.36 billion. Sure, this little bounce might hint at a shift in the mood, but things weren't all sunshine and rainbows for Ether ETFs.

Ouch, Ether ETFs took another hit, bleeding out $5.98 million on Monday for the fifth day in a row. Fidelity’s FETH was the biggest casualty, losing $7.78 million, while 21Shares’ CETH tried to patch things up with $1.8 million in inflows.

So what sparked this sudden ETF revival? None other than President Donald Trump waving his magic wand and exempting certain Chinese tech goodies from his "reciprocal" tariffs. Talk about a plot twist!

This tariff drama follows weeks of the U.S. and China duking it out with tariffs as high as 145% and 125% respectively, stirring up fears of a full-blown trade war. But after the rollback, U.S. stocks closed higher on Monday, and Bitcoin (BTC) soared back above $85,000, bouncing off that $84,000 support like a champ. It's now strutting its stuff with nearly a 7% gain over the past week.

Don't get too comfy though, because Trump later spilled the beans that these tariff-free goodies were just being shuffled into a different tariff bucket. Classic!

But hold up, crypto buffs! Analysts over at crypto.news are buzzing about Bitcoin forming a sneaky Shark Harmonic pattern. If this technical setup plays out, BTC might just break through its previous all-time high near $110,000 before any major pullback. Buckle up!

But wait, there's a catch. Agne Linge, the head honcho of growth at decentralized bank WeFi, is sounding the alarm about those rising 30-year bond yields in Japan, hitting a 30-year high at 2.345%. Linge's warning? This could mean investors are ditching riskier assets like Bitcoin, especially those big-shot institutions that crave safer returns.

"If the Bank of Japan decides to crank up those interest rates, we could see liquidity drying up faster than a desert in both traditional markets and crypto," Linge spilled to crypto.news. "Crypto loves it when there's more cash floating around. So if Japan tightens the screws, it might put the squeeze on the space—at least in the short term."

But hey, don't lose hope just yet! Linge's got a silver lining: "Since the U.S. is a bigger market, the world might just dance to their monetary policy tune more than Japan's."