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Crypto Investment Products Face $1.73 Billion Outflows, Led by Bitcoin
Crypto Investment Outflows Surge
Recent data indicates a significant withdrawal from crypto investment products, with CoinShares reporting $1.73 billion in net outflows last week, marking the largest since mid-November 2025.
- Total assets under management fell to $178 billion from $193 billion the previous week.
- The outflows are attributed to diminishing expectations for interest rate cuts and weak crypto price performance.
Major Outflows in Bitcoin and Ethereum
- Bitcoin experienced $1.09 billion in outflows.
- Ethereum saw $630 million withdrawn.
- XRP recorded $18.2 million in outflows.
- SUI noted $6 million in withdrawals.
Notable Inflows and Regional Differences
- Solana registered $17.1 million in inflows.
- Binance-linked products gained $4.6 million, and Chainlink added $3.8 million.
- Short-Bitcoin products saw $500,000 in inflows.
Regional Trends
- The US accounted for nearly $1.8 billion of total outflows.
- Sweden and the Netherlands had smaller outflows of $11.1 million and $4.4 million.
- Switzerland, Canada, and Germany reported inflows of $32.5 million, $33.5 million, and $19.1 million, respectively.
Issuer-Level Insights
- BlackRock's iShares led issuers with $951 million in outflows.
- Fidelity and Grayscale followed with $469 million and $270 million in outflows.
- Volatility Shares and ProFunds Group noted inflows of $83 million and $37 million.
Binance Exodus
- Binance recorded its largest weekly net outflows since November 10, 2025.
- Bitcoin saw $1.97 billion leave the exchange.
- Ethereum's outflow was $1.34 billion.
- ERC20-based USDT faced $3.11 billion in net outflows, while USDT on Tron had a $905 million inflow.