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.