Bitcoin stabilises near $112K amid persistent trade-related uncertainty.
US spot Bitcoin and Ethereum exchange-traded funds saw net inflows of $340 million on Tuesday, rebounding from a sharp $755 million combined outflow recorded the previous day.
The recovery follows one of the largest crypto liquidation events in history, which erased more than $500 billion in market capitalisation over the weekend.
According to data from Farside Investors, spot Bitcoin ETFs reported $102.6 million in net inflows.
Fidelity’s FBTC led the day with $132.67 million of inflows, while funds from Ark & 21Shares and Bitwise also saw positive flows.
In contrast, BlackRock’s IBIT recorded $30.8 million in net outflows, and Valkyrie’s BRRR saw $14 million move out.
Spot Ethereum ETFs registered a stronger showing, with total inflows of $236.22 million spread across six funds.
Fidelity’s FETH again led the pack with $154.62 million in inflows, followed by smaller but notable contributions from Grayscale, Bitwise, VanEck, and Franklin Templeton.
The rebound in ETF flows comes as the broader crypto market continues to recover from last weekend’s sell-off.
The downturn was triggered by US President Donald Trump’s confirmation that his administration would impose a 100% tariff on Chinese imports, reigniting fears of an extended trade war between Washington and Beijing.
Although digital asset prices have stabilised somewhat, market sentiment remains fragile.
Analysts warn that volatility could persist in the coming weeks as traders react to trade-related developments and broader macroeconomic trends.
The total crypto market capitalisation has inched up 0.1% to $3.83 trillion over the past day.
Monday’s recovery was followed by renewed, though less severe, selling pressure on Tuesday.
Market observers say that while bears appear to be losing momentum, buyers are waiting for clearer signals before re-entering the market.
Bitcoin traded around $112,000 on Wednesday, recouping part of Tuesday’s decline when the price briefly slipped from $115,600 to $110,000.
Since early Wednesday, selling pressure has persisted, but traders are watching the $109,000-$110,000 range as a key support zone where BTC has repeatedly found a floor in recent months.
Market sentiment has weakened slightly, with the fear index dropping to 34 from 38, suggesting caution among investors.
Data from analytics firm Santiment indicates that negative sentiment among retail traders has reached its highest level in a year — a signal that has historically preceded accumulation phases for Bitcoin.
