Crypto ETPs snap six-week streak with $1.07B outflow: CoinShares
Crypto investment products posted $1.07 billion in weekly outflows as investors cut Bitcoin and Ethereum exposure while keeping selective altcoin bets.
- Crypto ETPs recorded $1.07 billion in outflows, ending six straight weeks of positive fund flows.
- Bitcoin and Ethereum led the exits, with $982 million and $249 million leaving funds.
- XRP and Solana bucked the trend, drawing $67.6 million and $55.1 million in inflows.
Digital asset investment products recorded $1.07 billion in outflows last week, according to CoinShares’ May 18 fund flows report. The move ended a six-week inflow streak and marked the third-largest weekly outflow of 2026.
CoinShares head of research James Butterfill’s report said the move “likely reflects renewed geopolitical risk-off” tied to Iran-related developments. The report also said progress around the CLARITY Act may have helped limit wider selling, as 11 assets still posted inflows above $1 million.
Total assets under management fell to $157 billion from $159 billion one week earlier. The United States drove most of the decline, with $1.14 billion in outflows. Switzerland added $22.8 million, Germany added $22 million, Canada added $12.6 million and the Netherlands added $7.5 million.
How much did Bitcoin and Ethereum funds lose?
Bitcoin products saw $982 million in outflows, taking year-to-date flows to $3.9 billion. The outflow came as Bitcoin fell below $77,000 during a wider market selloff.
Ethereum products lost $249 million, the largest weekly outflow since Jan. 30. Blockchain equity ETFs also saw $133 million leave, showing that the pullback reached crypto-linked stocks as well as token funds.
crypto.news reported that the market decline came as WTI crude rose above $107, U.S. spot Bitcoin ETFs saw more than $1 billion in outflows and over $661 million in crypto positions were liquidated in 24 hours.
Why did XRP and Solana still attract inflows?
Altcoins held up better than Bitcoin and Ethereum. XRP recorded $67.6 million in inflows, while Solana added $55.1 million. CoinShares said both assets saw inflows speed up from recent weeks.
Other smaller assets also drew money. Toncoin saw $7.7 million in inflows, Sui added $4.7 million, Ondo drew $4.1 million, Chainlink added $3.9 million and Dogecoin brought in $3.2 million.
Moreover, the next fund-flow test will depend on whether geopolitical risk, oil prices and ETF redemptions ease. crypto.news reported that Fed minutes, U.S. jobs data and Nvidia earnings are also on this week’s calendar, giving traders several macro triggers to watch.
