
CoinShares data highlights sustained withdrawals from cryptocurrency ETPs, with U.S. losses contrasting inflows from other regions and altcoins showing selective resilience.
Global cryptocurrency exchange-traded products (ETPs) recorded $173 million in weekly outflows, marking the fourth consecutive week of negative flows and bringing the cumulative total to $3.47 billion. According to CoinShares, the U.S. saw $403 million in outflows last week, while Germany, Canada, and Switzerland collectively posted over $197 million in inflows. Bitcoin and Ethereum led the declines with $133 million and $85.1 million outflows respectively, driven by sizable withdrawals from BlackRock’s IBIT and ETHA products. XRP-based funds attracted $33.4 million in inflows, and Solana ETPs gained $31 million, signaling strong investor confidence in select altcoins despite broader market weakness.