Crypto funds log fourth week of outflows at $173M as BTC dips below $70K

2 hours ago

Crypto concern products failed to pull capable inflows past week to reverse antagonistic sentiment and clocked a 4th consecutive week of outflows.

Crypto exchange-traded products (ETPs) recorded $173 cardinal successful outflows, pursuing the previous week’s $187 million, according to a CoinShares update connected Monday.

Although the past 2 weeks brought comparatively insignificant losses, full outflows implicit the past 4 weeks present magnitude to astir $3.8 billion, portion full assets nether absorption (AUM) beryllium adjacent $133 billion, the lowest since April 2025.

CoinShares’ caput of research, James Butterfill, attributed past week’s outflows to wide marketplace negativity and ongoing terms weakness. After starting past week astatine $70,000, Bitcoin (BTC) concisely dropped arsenic debased arsenic $65,000 connected Thursday, according to Coinbase data.

Bitcoin leads outflows, portion XRP and Solana subordinate the trend

Bitcoin ETPs drove past week’s antagonistic sentiment, with outflows totaling $133.3 cardinal and AUM declining to astir $106 billion.

US spot Bitcoin exchange-traded funds (ETFs) painted an adjacent bleaker picture, with outflows approaching $360 cardinal past week, according to SoSoValue data.

Weekly crypto ETP flows by plus arsenic of Friday (in millions of US dollars). Source: CoinShares

Echoing Bitcoin’s trend, Ether (ETH) funds recorded $85 cardinal successful outflows, though US spot Ether ETFs saw humble inflows of $10 million.

Related: Trump Media files for 2 caller crypto ETFs tied to Bitcoin, Ether, Cronos

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

US crypto products saw much than $400 cardinal successful outflows

Butterfill highlighted a important divergence successful sentiment betwixt the US and different regions.

While US crypto concern products saw $403 cardinal successful outflows, each different regions recorded sizable inflows totaling $230 million.

Bitcoin Price, XRP, CoinShares, Solana, Ethereum ETF, Bitcoin ETFWeekly crypto ETP flows by state arsenic of Friday (in millions of US dollars). Source: CoinShares

Germany, Canada and Switzerland saw the largest gains, with inflows of $115 million, $46 cardinal and $37 million, respectively.

The outflows came amid Standard Chartered analysts officially lowering their 2026 Bitcoin target from $150,000 to $100,000 past week, portion forecasting the crypto plus to driblet to $50,000 earlier recovering.

Magazine: Did a Hong Kong money termination Bitcoin? Bithumb’s ‘phantom’ BTC: Asia Express

Cointelegraph is committed to independent, transparent journalism. This quality nonfiction is produced successful accordance with Cointelegraph’s Editorial Policy and aims to supply close and timely information. Readers are encouraged to verify accusation independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

View source