
According to CoinShares, U.S.-listed crypto funds drove a $1.07 billion weekly withdrawal as Bitcoin and Ethereum products led losses, while XRP and Solana funds continued attracting fresh capital.
Digital asset investment products recorded $1.07 billion in net outflows in the week ending May 16, according to CoinShares, marking the first negative week in seven weeks and the third-largest weekly outflow of 2026 so far. Total assets under management fell to $157 billion from $159 billion. Bitcoin products accounted for $981.5 million of the outflows and Ethereum products lost $249.3 million, while U.S.-listed funds drove the regional picture with $1.14 billion in withdrawals. At the same time, European markets and Canada posted combined inflows of more than $65 million, and XRP and Solana products bucked the broader trend with net inflows of $67.6 million and $55.1 million, respectively.