Crypto exchange-traded products experienced $288 million in net outflows last week, marking a fifth consecutive week of withdrawals. Bitcoin funds drove most of the losses, while short-Bitcoin products attracted inflows, reflecting persistent bearish sentiment. Trading volume fell to $17 billion, its lowest level since July 2025 as investor interest waned.
Crypto investment products recorded net outflows for a fifth straight week, the longest such streak since the 2024 launch of US spot Bitcoin ETFs. According to a weekly report, crypto ETPs saw $288 million withdrawn, bringing the cumulative total to $4 billion.
Bitcoin products accounted for $215 million of the week’s outflows. Meanwhile, Short-Bitcoin products gained $5.5 million in inflows, the largest of any asset, indicating a bearish market stance.
Ethereum products saw outflows of $36.5 million last week. In contrast, XRP and Solana recorded minor inflows of $3.5 million and $3.3 million, respectively.
CoinShares has reduced the management fee on its flagship Bitcoin ETP to 0.15% from 0.40%. The move aims to enhance the competitiveness of one of Europe’s largest physically backed Bitcoin products.
In the US, spot Bitcoin ETF volume briefly spiked to $3.7 billion last Friday. Data shows the week still concluded with net outflows of $315.9 million, extending a five-week losing streak.
