PANews reported on April 15 that according to CoinDesk, despite social media calls to "sell bonds and buy coins", the Bitcoin spot ETF listed in the United States has accumulated outflows of more than US$800 million in April, which may set the second highest monthly outflow in history. During the same period, the U.S. Treasury tender responded enthusiastically, and the three-month Treasury bond interest rate rose to 4.225%. Institutions continued to increase their holdings of short-term U.S. Treasury bonds to cope with the market uncertainty brought about by Trump's tariff policy.
Analysis: Bitcoin ETF outflows exceeded $800 million in April, as institutions turn to U.S. Treasuries for risk aversion
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