Digital asset exchange-traded products (ETPs) experienced significant outflows of nearly $800 million in the last week, marking the third consecutive week of outflows. CoinShares reported that these outflows, totaling $795 million for the week ending April 14, 2025, were largely driven by Bitcoin products which accounted for $751 million of the losses. Overall, ETPs have seen a staggering $7.2 billion in outflows since February, effectively erasing the year-to-date inflows, now reduced to just $165 million. CoinShares' research head, James Butterfill, attributed this trend to negative sentiment linked to recent tariff initiatives by the U.S. government under President Donald Trump, which have added to market uncertainty. Despite the dramatic outflows, Bitcoin-related products still maintain a year-to-date gain of $545 million. Altcoins like Solana and Aave also witnessed outflows, collectively exceeding $6 million last week. Additionally, BlackRock's iShares ETFs have been particularly affected, recording substantial outflows yet still holding significant assets under management.

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