Crypto funds suffer $1B weekly outflows

Cryptocurrency investment products recorded $1.07 billion in net outflows last week as geopolitical tensions and rising inflation triggered a broader retreat from risk assets.

According to CoinShares, the withdrawals ended a six-week inflow streak and marked the third-largest weekly outflow recorded in 2026.

Bitcoin investment products accounted for $982 million of the outflows, while Ether funds lost $249 million, their largest weekly withdrawal since January.

Altcoin-focused products diverged from the broader trend, with XRP funds attracting $67.5 million in inflows and Solana investment products adding $55.1 million.

Most of the outflows originated in the United States, where investors withdrew a net $1.14 billion from crypto funds, while markets including Switzerland, Germany and the Netherlands still recorded modest inflows.

The decline coincided with broader weakness in traditional markets as investors reacted to tensions surrounding the Strait of Hormuz, rising oil prices and US inflation climbing to its highest level in more than three years.

James Butterfill said improving regulatory sentiment linked to the proposed CLARITY Act helped support select altcoins, with the legislation advancing through the Senate Banking Committee with bipartisan backing.

At the time of reporting, Bitcoin price was $76,743.95.