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- Crypto issuers faced steep outflows, with major losses hitting iShares, Fidelity, and Grayscale.
- Volatility Shares and ProFunds reported modest inflows despite widespread market withdrawals.
- Binance recorded its biggest weekly net outflows across BTC, ETH, and USDT since November 10.
Crypto investment products recorded one of their worst weeks on record. The CoinShares report shows $1.73 billion in net outflows, the largest since mid-November 2025. The reversal followed a $2.2 billion inflow the week before. Total AUM across crypto funds fell to $178 billion from $193 billion.
CoinShares head of research James Butterfill said the decline reflected weaker expectations for interest-rate cuts. He added that price action remained soft. He also noted frustration that crypto has not benefited from U.S. dollar weakness.
Source: CoinShares
Bitcoin products saw $1.09 billion in outflows. It was the largest weekly withdrawal for the asset since November 2025. Ethereum followed with $630 million in outflows. XRP recorded $18.2 million in withdrawals, while SUI lost $6 million.
Altcoin Inflows Contrast With Ongoing Market Caution
Solana was the standout exception. It posted $17.1 million in inflows. Binance-linked products added $4.6 million. Chainlink products saw $3.8 million in inflows, and short-Bitcoin funds gained $500,000.
Source: CoinShares
Butterfill said the inflows into short-Bitcoin products confirmed that sentiment remained weak. He noted that confidence has not improved since the October 10, 2025, price crash. This showed that investor caution remained intact.
The United States drove most of the global outflows. It accounted for nearly $1.8 billion of the total. Sweden posted $11.1 million in outflows. The Netherlands saw $4.4 million leave crypto products.
Also Read: Coinbase Transparency Boost: MegaETH, Solana Tokens, and Listing Process Explained
Some regions viewed the decline as an entry point. Switzerland recorded $32.5 million in inflows. Canada added $33.5 million. Germany moved $19.1 million into crypto investment products.
Crypto Issuers Face Sharp Losses as Major Funds See Outflows
The largest issuers faced a concentration of losses. BlackRock’s iShares had outflows of $951 million. There were outflows of $469 million from Fidelity. There were outflows of $270 million from Grayscale.
However, a few asset managers have also reported some inflows. For instance, there have been inflows reported by Volatility Shares, which recorded $83 million, and ProFunds Group, which recorded $37 million.
Binance also reported significant exchange outflows. Binance noted the greatest weekly net outflows from the platform since November 10.
A CryptoQuant analyst highlighted that Bitcoin had $1.97 billion in net outflows from Binance. Ethereum had $1.34 billion in net outflows from the platform. ERC-20 USDT had $3.11 billion in net outflows.
USDT on Tron posted a $905 million inflow in the same period. Analysts noted this shift reflected movement across chains rather than total exits. The week marked one of the strongest de-risking phases seen recently in the crypto market.
Also Read: Toncoin (TON) Structure Weakens as $1.65 Becomes the Key Turning Point
