
According to Saxo Bank analysts, concerns over AI (artificial intelligence) disruption and tariff uncertainty are pressuring risk assets, with U.S. spot Bitcoin and Ether ETFs posting about $203.8 in net outflows.
Cryptocurrencies fell alongside other risk assets as risk aversion (shift to safer assets) intensified, according to Saxo Bank analysts. They cited worries about AI disruption and tariff uncertainty as key drivers dampening investor sentiment. Reflecting the cautious mood, U.S. spot Bitcoin and Ether exchange-traded funds recorded net outflows of about $203.8, indicating withdrawals from crypto-linked products. In risk-off environments, investors typically reduce exposure to volatile assets, and ETF flows often mirror these shifts through increased redemptions.