Crypto investment funds recorded $173 million in net outflows last week, marking a fourth consecutive week of withdrawals as US investors led the retreat from major digital assets.
According to CoinShares, cumulative outflows over the past four weeks have reached $3.74 billion, although the pace of selling has slowed compared with the roughly $1.7 billion withdrawn in each of the final weeks of January.
“Sentiment improved slightly on Friday following weaker-than-expected CPI data,”
Said James Butterfill, head of research at CoinShares.
The United States accounted for $403 million in outflows, making it the primary driver of global declines, while ETF trading volumes dropped to $27 billion from $63 billion the previous week.
Bitcoin investment products saw $133 million in outflows, while Ethereum funds recorded $85.1 million in withdrawals, as investors trimmed exposure to the two largest cryptocurrencies.
Short Bitcoin products also posted $15.4 million in outflows over the past two weeks, a trend that has historically coincided with potential market capitulation phases.
In contrast, XRP led altcoin inflows with $33.4 million, followed by Solana at $31 million and Chainlink at $1.1 million, signalling selective rotation rather than a broad-based exit from the crypto sector.
At the time of reporting, Bitcoin price was $68,798.94.