Cryptocurrency investment products recorded $173 million in outflows last week, extending withdrawals to four consecutive weeks.
Total redemptions over the period reached $3.74 billion, according to CoinShares data released Monday.
The figures reveal a sharp geographic divide in investor sentiment. U.S.-listed products accounted for $403 million in weekly outflows while European and Canadian funds absorbed $230 million in fresh capital.
Regional Sentiment Split
Germany led international inflows with $115 million, followed by Canada at $46.3 million and Switzerland at $36.8 million. The divergence suggests non-U.S. investors view recent price weakness as a buying opportunity.
Trading volumes for exchange-traded products fell to $27 billion from the prior week's record $63 billion. The sharp decline indicates reduced market participation following earlier volatility.
Weekly flows showed intraday swings, starting with $575 million in inflows Monday before $853 million departed midweek during further price declines.
Friday brought $105 million in inflows following weaker-than-expected U.S. consumer price index data.
Read also: Standard Chartered Cuts XRP Price Target 65% To $2.80 As Crypto Market Tumbles
Asset-Level Performance
Bitcoin (BTC) products saw $133 million in outflows, representing the weakest sentiment among major cryptocurrencies. Short bitcoin positions also recorded $15.4 million in redemptions over two weeks, a pattern CoinShares historically associates with market bottoms.
Ethereum (ETH) funds lost $85.1 million while Hyperliquid products shed $1 million. Smaller altcoins showed selective strength despite broader weakness.
XRP led inflows at $33.4 million, followed by Solana at $31 million and Chainlink at $1.1 million. The continued appetite for specific altcoins indicates investors are rotating rather than exiting the sector entirely.
Assets under management in digital currency products have declined to $129.8 billion, the lowest level since March 2025. The four-week outflow total represents the most sustained withdrawal period since late 2024.
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