Global crypto ETPs see $1.9 billion in weekly outflows, adding to third-worst run since 2018: CoinShares

Global crypto investment products, managed by firms like BlackRock and Fidelity, recorded net outflows of $1.9 billion last week, according to CoinShares data. This extends a four-week negative trend totaling $4.9 billion, which proportionally represents the third-largest outflow run since 2018, surpassed only by runs in March 2025 and February 2018. The outflows coincided with significant price drops for Bitcoin (8.3%) and Ethereum (9.4%) last week. Redemptions were widespread, dominated by U.S. funds ($1.69 billion), though Brazil and Australia saw modest inflows. Bitcoin ETPs led the outflows with $1.27 billion exiting, while U.S. spot Bitcoin ETFs accounted for $1.2 billion of that, with BlackRock's IBIT seeing $1.09 billion exit. Ethereum products also saw $589 million in outflows, largely from U.S. spot Ethereum ETFs. Conversely, XRP funds gained $89.3 million following a new Bitwise U.S. spot XRP ETF launch. Despite the recent slump, year-to-date net inflows remain high at $44.4 billion, and Friday showed tentative signs of a turnaround with $258 million in inflows.

(Source：The Block)