Digital asset investment products faced another week of outflows, marking the fourth consecutive decline, with investors pulling $876 million, according to CoinShares’ latest report.
James Butterfill, CoinShares’ head of research, acknowledged that while the pace of withdrawals has slowed, market sentiment remains cautious amid prevailing bearish conditions.
Over the past month, total outflows have reached $4.75 billion, reducing year-to-date inflows to $2.6 billion. Additionally, total assets under management (AUM) dropped by $39 billion, falling to $142 billion, the lowest level since mid-November 2024.
The downturn in investment came despite President Donald Trump’s announcement of a Strategic Bitcoin Reserve and Digital Asset Stockpile, which aimed to position Bitcoin as a key financial asset within the global economy.
However, institutional investment products bore the brunt of investor withdrawals, with Fidelity’s FBTC, BlackRock’s IBIT, and Ark21Shares each experiencing outflows exceeding $133 million.
Bitcoin and Altcoins Experience Heavy Withdrawals
Bitcoin remained the primary asset affected, witnessing $756 million in outflows last week. Short-Bitcoin products also suffered, recording $19.8 million in withdrawals—the highest level since December 2024.
A broad range of altcoins followed suit, with Ethereum seeing $89 million in outflows, Tron losing $32 million, and Aave shedding $2.4 million.
In contrast, select digital assets such as Solana, XRP, and Sui attracted fresh capital, recording inflows of $16.4 million, $5.6 million, and $2.7 million, respectively.
Investment vehicles tied to blockchain-related equity were not spared from the downturn, experiencing $48 million in outflows over the past week.
Meanwhile, some international investors took advantage of lower prices. Switzerland, Canada, and Germany recorded inflows of $23 million, $47 million, and $13.3 million, respectively.
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