The traded exchange products for digital currencies (ETPs) experienced a significant setback last week, with outflows reaching 240 Million Dollar.

This shift comes after rising trade tensions in the United States, which has raised caution among investors amid the broad new tariffs imposed by President Donald Trump on imports.

Cryptocurrency outflows reached 240 million Dollar last week.

According to the latest report from CoinShares, total outflows from cryptocurrencies reached 240 million Dollar last week, primarily driven by fears that trade disruptions could hinder global growth.

"Investment products in digital assets experienced outflows totaling $240 million last week, likely in response to recent news of U.S. tariffs that pose a threat to economic growth," noted James Butterfill of CoinShares in his remarks.

Bitcoin alone accounted for $207 million in outflows, significantly impacting the inflow volume since the beginning of the year (YTD), which now stands at $1.3 billion.

Ethereum products also suffered, recording $37.7 million in outflows. It was followed by Solana and SUI with $1.8 million and $4.7 million respectively.