Weekly crypto ETP outflows top $1B, ending six-week positive streak amid Iran-linked risk-off: CoinShares
The Block
Institutional investors pulled over $1 billion from crypto ETPs last week, ending a six-week positive streak due to geopolitical concerns involving Iran.Summary
Global crypto exchange-traded products (ETPs) saw $1.07 billion in net outflows last week, marking the third-largest weekly redemption of 2026 and breaking a six-week positive streak. According to CoinShares, this shift was driven by heightened geopolitical risks related to Iran, which prompted institutional investors to reduce exposure. While U.S.-listed products, particularly Bitcoin and Ethereum funds, faced significant sell-offs, certain altcoins like XRP and Solana bucked the trend by attracting inflows. Despite the setback, year-to-date net flows remain positive at $4.9 billion.
(Source：The Block)