Crypto ETPs logged $1.47 billion of outflows last week as Bitcoin funds led losses, while nine altcoin ETPs still attracted inflows of more than $1 million.
Crypto investment products recorded $1.47 billion in outflows last week, extending a second straight week of withdrawals as Bitcoin funds led the decline, according to CoinShares.
Crypto exchange-traded products (ETPs) extended the prior week’s $1.07 billion in withdrawals, CoinShares reported Tuesday.
Bitcoin products accounted for roughly $1.3 billion of the outflows, their largest weekly withdrawal of 2026, while Ether funds lost $223 million, the asset manager said.
Total assets under management in crypto ETPs stood at around $148.7 billion, with Bitcoin funds accounting for 80% with $120.2 billion.
CoinShares head of research James Butterfill said the selling reflected deepening Iran-related risk-off sentiment despite continued progress on the CLARITY Act.
Altcoin ETPs still recorded notable gains despite the broader downturn, with at least nine assets seeing inflows above $1 million, Butterfill said.
XRP (XRP) led altcoin inflows with $31.8 million, while Solana (SOL) followed with $7.7 million.
Separately, data from SoSoValue showed Hyperliquid (HYPE) exchange-traded funds (ETFs) recorded $72.3 million in inflows.
Crypto ETP flows by asset (in millions of US dollars). Source: CoinShares
Smaller inflows were also recorded in Sui (SUI) and Chainlink (LINK), at $600,000 and $400,000, respectively. Short Bitcoin products added $10.2 million, aligning with broader risk-off sentiment.
Related: $1.26B Bitcoin ETF outflows spark ‘contrarian’ buy signal: Santiment
Total assets under management in crypto ETPs stood at about $148.7 billion by the end of the week, with Bitcoin funds making up 80% at $120.2 billion.
Outflows broadened across global crypto ETP markets last week, reversing the prior week’s relative “European resilience,” the report said.
The United States led with $1.43 billion in outflows, including $1.26 billion from US-listed spot Bitcoin ETFs, according to SoSoValue.
Crypto ETP flows by country (in millions of US dollars). Source: CoinShares
More losses were recorded in Switzerland at $16.2 million and Canada at $12.5 million. Hong Kong and Germany also saw outflows of $12.2 million and $4.4 million, respectively.
The Netherlands was the only country to see notable inflows at $6.6 million, while Australia followed with $700,000 of inflows.
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Source: https://cointelegraph.com/news/crypto-etps-147-billion-outflows-risk-off-broadens-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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Crypto funds bleed $1.47B as risk-off sentiment deepens
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Original Source: cointelegraph.com
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