As President Trump continues to count down to Liberation Day, Bitcoin ETFs (exchange-traded funds) continue seeing negative flows this week.
All cryptocurrency markets are seeing cautious sentiment, with traders and investors taking a wait-and-see stance.
Bitcoin ETF see outflows amid investor caution
Since Monday, there have been net withdrawals from Bitcoin ETFs for two days in a row, according to data from Farside Investors. The leading financial instruments for Monday’s $60.6 million withdrawals were Bitwise (BITB), Ark Invest (ARKB), and WisdomTree (BTCW); the only one with positive flows was BlackRock’s IBIT.
Bitwise and Ark Invest led Tuesday’s even larger withdrawals, which came close to $158 million. Then, BlackRock’s IBIT showed zero flows on April 1. According to statistics on Farside, Ethereum (ETH) ETFs saw net outflows of $3.6 million over this time. This implies that institutional investors are feeling wary.
The Spot Bitcoin ETFs saw $157.8M outflow yesterday.
The Spot Ethereum ETFs saw $3.6M outflow.
INSTITUTIONS ARE REDUCING RISK AHEAD OF TODAY’S TARIFF ANNOUNCEMENT! pic.twitter.com/bLW5xPEj6U
— Crypto Rover (@rovercrc) April 2, 2025
In fact, mood indicates that traders are being cautious and sticking to the “wait-and-see” approach. The warning came in advance of Trump’s April 2 pronouncement on Liberation Day, which is scheduled for later in the day.
Traders and investors from a variety of financial sectors are waiting to see the extent of a potential global trade war as the president prepares to announce broad new tariffs. In particular, there is typically a dearth of knowledge surrounding the nature of the tariffs, which raises questions about how they may affect the cryptocurrency market and the larger economy.
“The White House has not reached a firm decision on their tariff plan,” Bloomberg reported, citing people close to the matter.
Given the effect of earlier tariff announcements on the price of Bitcoin, it is reasonable for investors to remain wary despite the lack of information. Analysts believe that if Trump imposes sweeping tariffs, market volatility would be extremely high, with possible stock and cryptocurrency losses approaching 10-15%.
“April 2nd is similar to election night. It is the biggest event of the year by an order of magnitude. 10x more important than any FOMC, which is a lot. And anything can happen,” economic analyst Alex Krüger predicted.
Some investors are turning to gold as a safe haven, even as mood in the cryptocurrency market is wary. Just 3% of fund managers support Bitcoin, compared to 58% who choose gold as a trade war safe haven, according to a Bank of America poll.
These conclusions were made as institutional investors point to Bitcoin’s volatility and lack of crisis liquidity as the main reasons why it hasn’t been adopted as a safe haven. Historically, money has shifted to safe-haven assets due to trade concerns.
Investors reposition themselves in anticipation of Trump’s impending declaration on Liberation Day, choosing gold over Bitcoin.
However, Bitcoin’s long-term story is still intact despite its inability to attract institutional safe-haven flows. This is demonstrated by the fact that the supply of Bitcoin on exchanges has fallen to just 7.53%, the lowest level since February 2018.
Strong long-term holder confidence is shown by investors’ reluctance to sell as an asset’s supply on exchanges declines.
Spot BNB ETF to take flight: VanEck moves forward with Delaware filing
A statutory trust for Binance’s BNB (BNB) exchange-traded fund (ETF) has been formally registered in Delaware by international investment management company VanEck.
This action is the first effort to introduce a spot BNB ETF in the US. Through a regulated investment vehicle, it may create new opportunities for institutional and individual investors to become exposed to the asset.
VanEck moves forward with BNB ETF
On March 31, the trust was registered with file number 10148820 under the name “VanEck BNB ETF.” It was captured on the official state website of Delaware.
The price of BNB would be tracked via the planned BNB ETF. It was created by the cryptocurrency exchange Binance and is the native coin of the BNB Chain ecosystem.
With a market valuation of $87.1 billion, BNB is now the fifth-largest cryptocurrency. Both the price of BNB and the larger cryptocurrency market have recently encountered difficulties, despite its prominent position in the industry.
The value of the cryptocurrency has decreased by 2.2% in the last month. As of this writing, BNB was worth $598. This was a 1.7% decline over the previous day, according to statistics.
Even though there hasn’t been a price increase as a result of the trust filing, the community is nevertheless hopeful about BNB’s future, particularly in light of this recent event.
🚨 BREAKING 🚨
VanEck just filed for a #BNB ETF.
Send $BNB to the moon now🚀 pic.twitter.com/nueWRfeneu
— Evan Luthra (@EvanLuthra) April 2, 2025
Shortly after VanEck took a similar action for Avalanche (AVAX), the file was made. VanEck registered an AVAX-focused ETF trust on March 10.
An S-1 registration statement was promptly filed with the US Securities and Exchange Commission (SEC) after this. A BNB ETF may soon make a similar S-1 filing in light of this precedence.
BREAKING: VanEck has officially filed for a Binance Coin (BNB) ETF in Delaware — marking the first-ever BNB-specific ETF attempt in the U.S.
This is VanEck’s 5th crypto ETF filing, following Bitcoin, Ethereum, Solana & Avalanche.
A big step toward bringing BNB to U.S.… pic.twitter.com/PozCYXOKf6
— Crypto Patel (@CryptoPatel) April 2, 2025
Following the election of a pro-crypto government, the sector has witnessed a surge in applications for crypto funds at the SEC. Indeed, according to a recent poll, 71% of ETF investors are optimistic about cryptocurrencies and want to expand their holdings in these funds over the course of the next 12 months.
“Three-quarters of allocators expect to increase their investment in cryptocurrency-focused ETFs over the next 12 months, with demand highest in Asia (80%), and the US (76%), in contrast to Europe (59%),” the survey revealed.
The VanEck BNB ETF has the potential to be a major product in the market as a result of the increased demand for assets like BNB brought on by the rising interest in crypto ETFs.
How will Dogecoin price respond if XRP reaches $5?
If XRP hits $5, the price of Dogecoin may change significantly, which might increase market optimism for DOGE.
The price of Dogecoin (DOGE) has been unchanged for the past week, while it has decreased by 10% over that time. The meme coin is still hoping for more gains even though the overall cryptocurrency market has somewhat recovered. However, XRP is still above its crucial $2 support level. Because it might affect other cryptocurrencies like Dogecoin, the market is closely monitoring if XRP can hit $5.
What will happen to Dogecoin price if XRP hits $5?
If XRP hits $5, the price of Dogecoin may vary significantly, which might have an impact on the whole cryptocurrency market. The price of XRP is now hovering at $2.07; in order to reach the $5 objective, the price of Ripple would need to increase by almost 142%.
At its current price of $0.1688, the DOGE would be around $0.4218 if the price of Dogecoin rose at the same rate as XRP.
DOGE shows potential for growth with TD sequential buy signal
The price of Dogecoin is presently situated near the lower limit of its parallel price channel, according to a new analysis by cryptocurrency expert Ali. On the weekly chart, the TD Sequential Indicator has also flashed a buy signal, indicating possible higher momentum.
For investors keeping an eye on DOGE’s price movement, this event is significant. The TD Sequential Indicator’s most recent signal would suggest that the cryptocurrency is at a pivotal juncture for possible expansion.
Is DOGE price set for a rebound or continued decline?
The price of DOGE has lately moved significantly in a negative direction, falling below important support levels. The price of DOGE is now trading at $0.1683, a significant decline from its previous highs as of April 2, 2025. Traders are worried about this change, especially because the price is having trouble holding steady.
At 41, the Relative Strength Index (RSI) shows that Dogecoin is neither overbought nor oversold at this time. This implies that more movement in either direction is possible. Because the MACD line is below the signal line, the Moving Average Convergence Divergence (MACD) indicates a negative momentum and suggests that the downturn may continue.
Key levels to watch
The $0.15 support zone is the most immediate, with the $0.1650 support zone being a little stronger. A decline towards $0.15 can happen if the Dogecoin (DOGE) price forecast is unable to hold steady at its present level, which would be a crucial moment for prospective purchasers to intervene.
For the DOGE price to gain any upward momentum, it must recover the $0.2 level. But until market circumstances change, a quick rebound would be difficult due to the significant resistance around the $0.25 mark.
