It’s the first time the ETFs have posted outflows since Trump won the presidential election held on Nov. 5, an event that kicked off a massive crypto rally that sent Bitcoin soaring around 30% to a peak of nearly $93,500 as of Nov. 13.

The outcome of the U.S. presidential election was widely seen as a win for the crypto industry. Bitcoin’s price has surged since the election.

Global stocks came under pressure on Tuesday from investor concern about U.S. President-elect Donald Trump's policies, while bitcoin neared a record $90,000 as traders piled into assets they believe could benefit from the new administration.