Digital asset investment products have recorded a fourth straight week of outflows, yet XRP continues to swim against the tide.
According to the latest weekly report from CoinShares, crypto investment products saw $173 million in outflows last week, extending the four-week total to $3.74 billion. The persistent withdrawals come amid continued weakness in the United States, even as select altcoins show resilience.
Key Points
- Digital asset funds saw $173M in weekly outflows, marking four straight weeks of investor withdrawals.
- Bitcoin led losses with $133M in exits, while Ethereum followed with $85M in outflows.
- XRP defied the trend, attracting $33M in inflows and extending its positive streak.
- Europe and Canada added exposure as US investors pulled $403M, highlighting regional divergence.
Four Weeks of Pressure, But a Late-Week Bounce
The week started on a stronger footing, with $575 million in inflows. However, sentiment quickly reversed, leading to $853 million in outflows as prices weakened. A softer-than-expected CPI print toward the end of the week helped stabilize markets, triggering $105 million in Friday inflows.
Trading activity also cooled significantly. ETP volumes fell to $27 billion, down sharply from the previous week’s record $63 billion. This signals reduced investor participation.
US Weakness vs. Europe and Canada Strength
The regional breakdown reveals a strong divergence in sentiment. The United States accounted for $403 million in outflows, driving most of the global weakness. In contrast, other regions collectively posted $230 million in inflows. Germany led the way with $114.8 million, Canada followed with $46.3 million, and Switzerland with $36.8 million.
This split suggests that while US investors remain cautious, European and Canadian markets are selectively adding exposure.
Bitcoin and Ethereum Lead Outflows
Bitcoin experienced the largest withdrawals, with $133.3 million exiting investment products last week. Interestingly, short Bitcoin products also registered outflows reaching $15.4 million over the past two weeks
Ethereum followed with $85.1 million in outflows, reflecting broader caution among investors toward major-cap digital assets.
XRP and Solana Stand Out
In contrast, XRP once again attracted strong inflows. XRP-based investment products recorded $33.4 million in inflows last week, pushing month-to-date inflows to $101.3 million and year-to-date inflows to $148 million.
In its previous report, CoinShares revealed that XRP products recorded $63 million in inflows, while Bitcoin recorded $264 million in outflows. In other words, XRP is maintaining the streak of positive inflows even as the overall market bleeds.
Notably, Solana also maintained positive momentum, bringing in $31 million during the week. The continued allocations into XRP and Solana highlight investor preference toward select altcoins.
With total assets under management still at $132.96 billion despite recent outflows, the data suggests that, while macro uncertainty weighs heavily on the broader market, confidence in specific assets like XRP remains intact.
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