The tariff measures imposed by the Trump administration and the geopolitical tension impacted the traditional and cryptocurrency markets.
On Friday, Bitcoin’s ETF) funds (ETF) They experienced a net exit of 812.25 million dollars, the second largest daily loss in the history of these products, according to data of Sosovalue.
This movement eliminated a week of sustained profits, leaving the net tickets accumulated at 54,180 million dollars. The assets under management were reduced to 146,480 million dollars, equivalent to 6.46% of the Bitcoin market capitalization, which stood at USD 113,643 per unit.
Fidelity ETF FBTC led the exits with 331.42 million dollars to reimbursements, closely followed by the Ark Invest ARKB, with a fall of 327.93 million dollars. The Groyscale GBTC lost $ 66.79 million, while the Blackrock Ibit showed a more moderate output of 2.58 million dollars.
Despite these losses, the volume of operations remained robust, with 6,130 million dollars negotiated among all Bitcoin ETF in cash, of which 4,540 million dollars corresponded to the Ibit, reflecting a sustained interest in the market.
End of the bullish streak in the ETHHER ETFs
On the other hand, the ETHER ETFs, the Ethereum cryptocurrency, experienced the end of a record streak of 20 days of net tickets, registering an output of 152.26 million dollars on Friday. Assets under management of these funds now reach 20,110 million dollars, representing 4.7% of Ether’s market capitalization, with a price of USD 3,495 per unit.
This figure, although significant, must be placed. It occurs shortly after a period of euphoria, which included record tickets of more than 726 million dollars on July 16.
The Ethe of Grayscale was the most affected, with losses of 47.68 million dollars, followed by the Bitwise ETHW, with 40.30 million dollars. Fidelity Feth reported outings of 6.17 million dollars, while Blackrock Etha remained stable, without tickets or exits, and with 10,710 million dollars in assets.
The negotiated volume in the ETHher ETFs reached 2,260 million dollars, with the Grayscale product leading daily transactions with 288.96 million dollars.
It should be noted that the ETFs of Ether had shown remarkable performance, with a daily record of 726.74 million dollars on July 16, followed by 602.02 million dollars on July 17, which reflects a growing interest before this correction.
Corporations are very committed to Ether
Despite the recent departures, the corporate interest in Ether is still increasing. A Standard Chartered report Point out that Cryptocurrency Treasury firms are acquiring Ether at a rate twice higher than Bitcoin, absorbing approximately 1% of the total supply in circulation since the beginning of June. This accumulation, together with the previous tickets in the ETF of Ether, has promoted the recent rebound of its price.
The bank projects that Ether could exceed USD 4,000 by the late 2025, driven by the growth of corporate holdings, which could represent up to 10% of the total supply. In addition, it highlights the benefits of staking and participation in decentralized finances (DEFI) as key factors for this upward trend.
Friday was a clear reminder that ETFs have brought the volatility and rapid capital rotations typical of traditional finance to cryptocurrencies. Mass exits reflect a short -term market feeling influenced by macroeconomic factors or by simple benefits.
However, the underlying narrative, especially for Ethereum, is much more solid. While the traders of the day react to the graphics, the treasury of the corporations are executing a long -term strategy, accumulating an asset that they consider fundamental.
The lesson for the investor is clear: it is vital to differentiate between daily volatility and the fundamental investment thesis.
