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That would be a major blow to US public finances—repaying $300 billion would mean a larger deficit and increased borrowing. Furthermore, the companies that paid those tariffs would be the main beneficiaries, although it's still unclear whether consumers would see any reimbursement.

Bloomberg: Bitcoin ETFs Still Hold $53 Billion in Net Inflows Despite Recent Outflows. Heavy outflows haven't overshadowed the success of spot Bitcoin ETFs, which still hold $53 billion in cumulative inflows, according to Bloomberg analyst Eric Balchunas.