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    Crypto Funds See $173M Outflows As Altcoins Gain Momentum

    Cryptocurrency

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    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) sit near $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 (BTC) briefly dropped as low as $65,000 on Thursday, according to Coinbase data.

    Bitcoin leads outflows, while XRP and Solana buck the trend

    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 (ETH) funds recorded $85 million in outflows, though US spot Ether ETFs saw modest inflows of $10 million.

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    XRP (XRP) and Solana (SOL) ETPs bucked the trend, emerging as the top performers with inflows of $33.4 million and $31 million, respectively.

    US crypto products saw more than $400 million in outflows

    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.

    Bitcoin Price, XRP, CoinShares, Solana, Ethereum ETF, Bitcoin ETF
    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.

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