Trump’s tariff on China spurs record $10 billion volume for Bitcoin funds
Crypto-based funds attracted $3.17 billion in new capital, at the same time as markets reeled from tariff-related tensions between the United States and China, in response to CoinShares weekly report.
On Oct. 10, President Donald Trump introduced that the US might elevate tariffs in response to China’s new rare-earth export restrictions.
The assertion triggered a broad sell-off throughout threat belongings, lowering crypto prices and prompting outflows of about $159 million from digital-asset funding merchandise on the day.
Notably, the correction additionally triggered round $20 billion price of liquidations from crypto merchants holding leveraged positions out there.
At the identical time, the sharp downturn wiped 7% off crypto investments’ complete belongings beneath administration (AUM), slicing them to $242 billion.
Yet, the identical announcement additionally fueled a record buying and selling frenzy.
According to CoinShares, crypto ETPs’ day by day volumes peaked at $15.3 billion throughout Friday’s buying and selling classes. This helped push the entire weekly volumes throughout these merchandise to $53 billion, which is double the common for this 12 months.
These numbers highlighted a rising development: traders are more and more turning to regulated crypto funds as a hedge in opposition to short-term volatility. This positioning has persevered all year long, with complete inflows now exceeding $48.7 billion in 2025.
Bitcoin dominates market
Bitcoin remained the clear beneficiary of institutional inflows, attracting $2.67 billion final week, bringing its year-to-date complete to $30.2 billion.
According to CoinShares, this milestone got here regardless of Bitcoin’s modest flows of $390,000 on Oct. 10, which contrasted sharply with the truth that BTC noticed its highest day by day volume ever recorded, $10.4 billion, on the identical day.
On the opposite hand, Ethereum, the second-largest crypto asset, lagged behind, posting $338 million in inflows after $172 million in withdrawals through the Oct. 10 sell-off.
CoinShares famous that this reversal alerts lingering warning, with traders viewing Ethereum as extra uncovered to short-term market shocks.
Still, ETH’s complete flows for the 12 months now stand at roughly $14 billion, whereas its belongings beneath administration hover round $36 billion.
Meanwhile, the slowdown prolonged to different main digital belongings, corresponding to Solana and XRP, which attracted $93.3 million and $61.6 million, respectively.
Despite expectations surrounding their upcoming ETF approvals, investor enthusiasm for these merchandise seems to have cooled.
This means that traders’ capital is consolidating round Bitcoin as threat urge for food fades.
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