Crypto Funds Extend Losing Streak to Four Weeks with $173M Outflows
Crypto investment products have recorded their fourth consecutive week of outflows, totaling $173 million in withdrawals. This follows last week's $187 million departure and pushes total assets under management to approximately $133 billion, a level not seen since April 2025.
The cumulative outflows over the past four weeks now stand at around $3.8 billion. James Butterfill, head of research at CoinShares, attributes these continued withdrawals to broad market negativity and ongoing price weakness across major cryptocurrencies.
Bitcoin exchange-traded products drove the negative sentiment with $133.3 million in outflows, while assets under management for Bitcoin products declined to approximately $106 billion during this period.
In contrast, XRP and Solana exchange-traded products bucked the trend as the only major gainers, attracting $33.4 million and $31 million in inflows respectively.