Key Takeaways
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Crypto investment funds recorded $173 million in net outflows for the fourth consecutive week.
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Bitcoin led the outflows, followed by Ethereum.
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U.S. investors drove heavy selling with million in outflows, while Europe and Canada saw inflows.
Crypto investment funds have now seen four straight weeks of outflows, signaling ongoing caution among investors in the crypto space.
While volatility remains high, some altcoins are showing resilience, pointing to selective confidence in the market.
According to the latest CoinShares report, digital asset funds had a net outflow of $173 million for the week.
Over the past month, total withdrawals reached $3.74 billion.
Outflows were not uniform across assets or regions.
Bitcoin, as the largest cryptocurrency by market cap, experienced the largest outflows at $133 million.
Interestingly, short-Bitcoin products—which profit from price drops—also saw outflows of $15.4 million over two weeks.
CoinShares notes that this pattern often appears near market bottoms, suggesting some bearish positions are being unwound.
Ethereum followed with $85 million in outflows, reflecting ongoing adoption challenges, slower layer-2 growth, and competition from other smart contract platforms.
Hyperliquid (HYPE), a lesser-known asset, experienced minor outflows of $1 million.
On the flip side, altcoins like XRP, Solana (SOL), and Chainlink (LINK) saw inflows, signaling pockets of strength.
XRP led with $33.4 million in inflows, likely boosted by Ripple’s growing cross-border payment use cases.
Solana attracted $31 million, supported by its fast blockchain and expanding DeFi ecosystem.
Meanwhile, Chainlink saw $1.1 million in inflows thanks to its smart contract oracle services.
Outflows were heavily concentrated in the United States, with $403 million leaving, possibly reflecting economic concerns.
Meanwhile, Europe and Canada saw $230 million in inflows.
Germany led inflows with $115 million, followed by Canada ($46.3 million) and Switzerland ($36.8 million).
This split suggests that non-U.S. investors may be viewing current crypto prices as attractive entry points or reacting to more favorable regional regulatory frameworks.
Macro and market data are clearly influencing investor behavior.
For instance, mid-week shifts toward outflows coincided with broader economic concerns, even as softer-than-expected U.S. CPI data briefly boosted sentiment.
ETP trading volumes also fell sharply to $27 billion, down from $63 billion the previous week, highlighting a pullback in trading activity amid market uncertainty.
