Last Wednesday, April 2nd, the US president, Donald Trump, officially declared “Liberation Day,” which he had previously spoken about and which alerted the entire world regarding tariffs. Without a doubt, since the beginning of this month and, much more so, with the pronouncements of the North American president, Bitcoin ETFs have had an imminent and inevitable fall.
According to a statement from the White House, Trump has established, since April 2nd, that all the country’s trade partners must provide a minimum tariff of 10%, in addition to the additional fees that correspond to almost 60 countries. This situation generated a massive sell-off in global markets and a loss of more than 4 billion dollars in value in Bitcoin treasuries (data analyzed up to April 7th, according to Cointelegraph).
However, on Thursday, April 10th, the president decided to halt the tariff imposition on 75 countries for 90 days, but increased taxes on China to 125%. For its part, according to Yahoo Finance, Bitcoin ETFs have registered outflows of almost 100 million dollars, and only one, BlackRock, has seen an increase.
What are ETF investors doing?
Some investors are diversifying their portfolios, because this allows them to someho reduce their exposure to sectors affected by the tariff change. One of the targets many have set their sights on is gold. According to the newspaper La Razón, “faced with the fear of a recession derived from the trade war, investors have once again turned to the safe haven of gold to protect their fortunes. The precious metal rose more than 2% this Wednesday and has reached $3,070.69. In this way, gold is approaching the historical highs it reached last day 3, when it stood at $3,167.84, the day after the US President, Donald Trump, announced his tariff plan on the so-called Liberation Day,” it highlights.
ETF vs Real Bitcoin: What is the key difference?
If there is one word that can describe the difference between ETFs and Bitcoin, it is “ownership.”
The ETF is an investment channel that is listed on traditional stock exchanges, such as the New York Stock Exchange. You do not have possession of the cryptocurrencies, but rather you acquire shares and these track the price of Bitcoin.
In the case of real Bitcoin, when you buy this crypto asset, you automatically become its direct owner and you are solely responsible for its custody.
Why are many returning to buy Bitcoin directly?
Despite the very turbulent situation generated after the US president, Trump, dictated the tariff adjustments with repercussions worldwide, market policy has been affected, and cryptocurrencies are no exception. However, Bitcoin is, within the whole panorama, the one that has best weathered the storm, so many see it and will continue to see it as a great option.
According to the CEO of Trading Different, Ivan Paz Chaín, “regarding the impact on the cryptocurrency market, the big winner I think of all this continues to be Bitcoin, despite the big fall of everything, Bitcoin (BTC) has remained quite strong above the last marked minimum, although it is touching some minimums close to $75,000 and $74,000, the rebounds are permanent, taking it to the $80,000 zone,” he assures.
Likewise, Paz Chaín highlights that when Bitcoin is in bullish moments, it will be to take it as an investment. Then there would be a significant recession for a more consistent profit-taking by investors who take the price of Bitcoin towards the minimum. That would be the process, naturally, clarifies the CEO of Trading Different.
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Available payment methods
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