Crypto fund records $173 million in outflows in 4th week as BTC dips below $70,000

Last week, crypto investment products failed to attract enough inflows to reverse negative sentiment, marking the fourth consecutive week of capital outflows.

Cryptocurrency exchange traded products (ETPs) recorded an additional $173 million in outflows last week, following $187 million the previous week, according to CoinShares’ Monday fund flow update.

While losses over the past two weeks have been relatively modest, total outflows over the past four weeks now stand at about $3.8 billion, with total assets under management (AUM) at nearly $133 billion, the lowest level since April 2025.

James Butterfill, head of research at CoinShares, said last week’s outflows were due to broader negative market conditions and continued price weakness. After starting at $70,000 last week, Bitcoin ($BTCIt briefly fell to $65,000 last Thursday, according to Coinbase data.

While Bitcoin leads the outflow, $XRP And Solana bucks the trend

Bitcoin ETPs sparked negative sentiment last week, with outflows totaling $133.3 million and assets under management falling to around $106 billion.

U.S. spot Bitcoin exchange-traded funds (ETFs) paint an even bleaker picture, with outflows reaching $360 million last week, according to SoSoValue data.

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Weekly crypto ETP flows by asset (in millions of USD) as of Friday. Source: CoinShares

Mirroring Bitcoin trends, the Ether (ETH) fund recorded outflows of $85 million, while inflows to the US Spot Ether ETF were modest at $10 million.

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

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Butterfill emphasized that there is a huge difference in sentiment between the United States and the rest of the world.

US crypto investment products saw outflows of $403 million, while all other regions recorded massive inflows totaling $230 million.

Germany, Canada, and Switzerland saw the biggest increases, with inflows of $115 million, $46 million, and approximately $37 million, respectively.

The outflow comes as Standard Chartered analysts formally lowered their 2026 Bitcoin target last week from $150,000 to $100,000, predicting the crypto asset will fall to $50,000 before recovering.

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