Digital asset investment products saw $1.94bn in outflows last week, extending a month-long withdrawal cycle that has now reached $4.92bn — the third largest four-week outflow streak since 2018, according to data from CoinShares.
The pullback was driven largely by bitcoin and ether products, both of which logged significant redemptions over the period. Analysts noted, however, that sentiment began to stabilise on Friday, with both assets showing early signs of recovery.
Despite the broader withdrawal trend, Short bitcoin products continued to attract strong inflows, suggesting a portion of investors are positioning for further downside or seeking tactical hedges amid volatility.
Altcoins were similarly affected. Solana funds recorded $156m of outflows, one of the largest weekly withdrawals among non-Bitcoin assets. XRP stood out as the notable exception, drawing $89.3m of inflows as investors rotated into select alternative tokens.
