Last week, there were no net flows in Ethereum investment products for the first time since US-based ETFs were approved last year. The drop in Ethereum's price was attributed to Trump tariff and trade war fears. CoinShares stated that it was rare for Ethereum investment products to have zero net flows, and sentiment towards Ethereum appears to be negative. The cryptocurrency market experienced volatility after a Chinese AI startup released a new open-source language model that led tech investors to sell their stakes in US AI-related companies, causing crypto prices to drop. Bitcoin recovered from the sell-off as investors invested $486 million into funds offering exposure to Bitcoin. Overall, crypto prices faced downward pressure after President Trump announced tariffs against Canada, China, and Mexico. However, prices rebounded slightly after Trump delayed the tariffs and had a friendly conversation with the Mexican President. XRP is currently the second most popular altcoin with ETFs, with year-to-date inflows of $105 million.



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