
CoinShares’ head of research James Butterfill links the largest weekly outflow since mid-November 2025 to diminished Fed rate cut expectations and weakening crypto market momentum.
CoinShares reported $1.73 billion in net outflows from digital asset investment products last week, attributed by research head James Butterfill to waning expectations for a U.S. Federal Reserve rate cut before the September FOMC meeting and slowing market momentum. The withdrawals were led by $1.8 billion outflow from the U.S., partially offset by inflows from Switzerland, Germany, and Canada. Bitcoin saw $1.09 billion withdrawn, Ethereum lost $630 million, while Solana bucked the trend with $17.1 million in inflows.