Crypto funds saw $173 million outflows last week as Bitcoin and Ether slipped, while XRP and Solana bucked the trend across global markets.
Crypto investment products failed to attract enough inflows last week to reverse negative sentiment and clocked a fourth consecutive week of outflows.
Crypto exchange-traded products (ETPs) recorded $173 million in outflows, following the previous week’s $187 million, according to a CoinShares update on Monday.
Although the last two weeks brought relatively minor losses, total outflows over the past four weeks now amount to about $3.8 billion, while total assets under management (AUM) stand at about $133 billion, the lowest since April 2025.
CoinShares’ head of research, James Butterfill, attributed last week’s outflows to broad market negativity and ongoing price weakness. After starting last week at $70,000, Bitcoin
briefly dropped as low as $65,000 on Thursday, according to Coinbase data.
Bitcoin ETPs drove last week’s negative sentiment, with outflows totaling $133.3 million and AUM declining to about $106 billion.
US spot Bitcoin exchange-traded funds (ETFs) painted an even bleaker picture, with outflows approaching $360 million last week, according to SoSoValue data.

Weekly crypto ETP flows by asset as of Friday (in millions of US dollars). Source: CoinShares
Echoing Bitcoin’s trend, Ether
funds recorded $85 million in outflows, though US spot Ether ETFs saw modest inflows of $10 million.
XRP
and Solana
ETPs bucked the trend, emerging as the top performers with inflows of $33.4 million and $31 million, respectively.
Butterfill highlighted a significant divergence in sentiment between the US and other regions.
While US crypto investment products saw $403 million in outflows, all other regions recorded sizable inflows totaling $230 million.

Weekly crypto ETP flows by country as of Friday (in millions of US dollars). Source: CoinShares
Germany, Canada and Switzerland saw the largest gains, with inflows of $115 million, $46 million and $37 million, respectively.
The outflows came amid Standard Chartered analysts officially lowering their 2026 Bitcoin target from $150,000 to $100,000 last week, while forecasting the crypto asset to drop to $50,000 before recovering.