Bitcoin (BTC) exchange-traded funds (ETFs) see their net outflows nearly double as market experts express concerns over U.S. President Donald Trump's proposed crypto reserve plan.

According to data from SoSoValue, the 12 Bitcoin ETFs recorded $143.43 million in net outflows on March 4—almost double the previous day's net inflows of $74.19 million.

U.S. president Donald Trump's proposed crypto reserve plan has sparked concerns among market experts, while Bitcoin (BTC) price hovers around $84,000.

What Happened: As reported by SoSoValue, the 12 Bitcoin ETFs in the United States saw their net outflows nearly double on March 4. The 12 ETFs saw net outflows of $143.43 million on Monday, almost double the previous day's net inflows of $74.19 million.

Fidelity's FBTC and ARK 21Shares' ARKB saw outflows of $46.08 million and $43.92 million, respectively. Franklin Templeton's EZBC followed with net redemptions of $35.71 million.

Other BTC ETFs contributing to the negative momentum included Bitwise's BITB, Invesco Galaxy's BTCO, and WisdomTree's BTCW, which recorded outflows of $23.96 million, $16.47 million, and $13.07 million, respectively.

However, Grayscale's mini Bitcoin Trust helped offset some of the day's outflows with a net inflow of $35.77 million. The remaining five BTC ETFs saw no inflows or outflows.

These investment products had a daily trading volume of $4.55 billion on Monday, and total net inflows since their launch amounted to $36.72 billion.

The nine Ethereum ETFs shifted back to net inflows on March 4, with $14.58 million entering the funds, ending an eight-day streak of outflows.

Fidelity's FETH led the inflows with $21.67 million, while Grayscale's ETHE and mini Bitcoin Trust funds recorded inflows of $10.71 million and $8.46 million, respectively. But BlackRock's IBIT stood out with $26.27 million in outflows. The remaining five ETH ETFs remained neutral on the day.

Related News: Trump's crypto reserve plan, which was announced over the weekend, has sparked reactions in the market. The president aims to create a U.S. Crypto Strategic Reserve, which will include a mix of crypto assets, mainly Bitcoin and Ethereum, to position the U.S. as the "Crypto Capital of the World."

The initiative aims to diversify the Federal Reserve's balance sheet and provide the U.S. with an edge in the global financial markets. Trump believes that the move will attract cryptocurrency miners and engineers to the U.S., ultimately strengthening the American economy.

However, the plan has faced criticism from the crypto community, who argue that it goes against Bitcoin's core principle of decentralization. They believe that a currency designed to be free from government control is now being manipulated by U.S. policies.

"Even though Solana is our second-largest crypto holding, and many of the stocks I own are tied to altcoins, I still think this wide-ranging crypto reserve is a bad idea, and the U.S. will regret it," stated Professional Capital Management CEO and major crypto investor Anthony Pompliano in a letter to clients.

He further explained that the policy appears to be "a random mix of speculative assets that will benefit insiders and token creators at the expense of the American taxpayer."

Trump's administration is currently focused on negotiating a trade deal with China to reduce the U.S. trade deficit and the national debt.

In other developments, Bitcoin price dropped 13.8% on Tuesday to trade at $81,700 as investors adopted a risk-off stance amid escalating trade tensions and concerns over the feasibility of the strategic reserve plan. The world's leading cryptocurrency had surged 11% to an intraday high of $94,770 on Monday.

Ethereum price also declined, dropping 19% from its recent high to $2,055 on Tuesday. However, both crypto assets have since recovered, with Bitcoin (BTC) up 3.6% over the past 24 hours to trade at $87,163 and Ethereum (ETH) rising 3.6% to $2,180.

Bitcoin Struggles In 2025: As economists and analysts delve deeper into the economic landscape of 2024, considering the looming threat of a trade war and the potential for a U.S. crypto reserve, Paybis chief revenue officer Uldis Teraudklans highlighted Bitcoin's struggles this year.

In his analysis, Teraudklans noted that Bitcoin has seen a year-to-date decrease of 11.47%, while gold, facing similar uncertainty, has shown a gain of 10.65% over the same period.

Citing a Bank of America survey where