Bitcoin investment products experienced $264.4 million in outflows for the third consecutive week, though the pace has significantly slowed from over $1.7 billion the prior week. Simultaneously, altcoin funds attracted inflows for the first time in three weeks. Analysts suggest the deceleration in negative flows may signal a market inflection point, coinciding with a partial price recovery after Bitcoin recently hit a 16-month low.
Bitcoin funds posted their third straight week of outflows, totaling $264.4 million. Meanwhile, altcoin funds saw positive flows, with XRP funds leading at $63.1 million in inflows, while Ethereum and Solana funds grew by $5.3 million and $8.2 million, respectively.
CoinShares reported overall crypto fund outflows slowed sharply to $187 million. The report’s author, James Butterfill, noted “the deceleration in flows historically [signals] a potential inflection point.”
The slowdown coincided with a price bounce after Bitcoin plunged to near $62,800. Total assets under management for crypto funds fell to $129.8 billion, the lowest level since March 2025.
In contrast, crypto ETP volumes hit a record $63.1 billion last week. Myriad users currently place just a 10% chance on an “alt season” occurring this quarter.
Some analysts maintain a cautious outlook. Market predictions show a 56% chance Bitcoin’s next major move is downward to $55,000. Bloomberg’s Mike McGlone repeated his suggestion that Bitcoin could “revert toward $10,000.”
Long-term bullish investors remain steadfast. CryptoMondays founder Lou Kerner reiterated his $1 million price target for Bitcoin by 2031, stating, “NOTHING that has happened since, including over the last three months, gives me any concern whatsoever.”
