Weekly global crypto ETP outflows slow to $187 million amid early stabilization signals: CoinShares
Global crypto ETP net outflows slowed significantly to $187 million last week, suggesting potential stabilization in digital asset markets.Summary
Net weekly outflows from global crypto investment products slowed sharply to $187 million, a significant deceleration from the previous two weeks which each saw outflows around $1.7 billion. CoinShares' head of research, James Butterfill, noted that the change in the pace of outflows, rather than the absolute direction, historically signals inflection points in investor sentiment, suggesting markets may be nearing a local bottom despite ongoing price pressure.
This moderation occurred while Bitcoin remained down about 9% over the week, pushing total assets under management to $129.8 billion, the lowest since March 2025. Concurrently, exchange-traded product volumes hit a record $63.1 billion, possibly indicating increased investor repositioning amid tighter liquidity.
Flows were uneven: European markets like Germany saw inflows, but Bitcoin was the largest source of outflows at $264 million. Conversely, select altcoins attracted interest, with XRP leading inflows ($63.1 million), followed by Solana and Ethereum. U.S. spot BTC ETFs saw net outflows of $318 million between Feb. 2 and Feb. 6, though on Feb. 6 alone, they recorded $371 million in net inflows.
(Source：The Block)