Highlights:
- Crypto investment products have seen outflows totaling $4.75 billion over the past four weeks, with $876 million withdrawn last week alone.
- The greatest outflows originated from U.S. investors, while European and Canadian investors showed a slight influx of funds.
- Significant outflows were noted in Bitcoin-focused products, contrasting with inflows for SOL, XRP, and SUI.
Crypto investment products have faced persistent outflows, hitting $4.75 billion over four weeks. Recent data indicate that last week’s withdrawal was $876 million, following a downward trend in cryptocurrency returns that has reversed gains accrued since the U.S. Presidential election won by Donald Trump in November 2024.
According to a report from CoinShare’s Digital Asset Fund Flows, U.S. investors exhibited the most bearish sentiment, accounting for $922 million of the total outflow. In comparison, European and Canadian securities witnessed net inflows.
Focus on bitcoin products revealed $756 million lost during the drawdown, amidst larger withdrawals from short-sell positions on the asset, notably $19.8 million—the highest exit since December 2024. Also, products geared towards Ethereum recorded an outflow of $89 million, while Solana (SOL), XRP, and Sui (SUI) gained respectable inflow figures of $16.4 million, $5.6 million, and $2.7 million respectively.
Bitcoin has surged over 21% since November 5, while the broader CoinDesk 20 Index increased by around 30% during the same timeframe.
