Investor Caution Persists as Digital Asset Funds Post Another Week of Net Redemptions
Digital asset investment vehicles continued to lose ground, with $288m in net outflows recorded over the past week. This extends the current run of withdrawals to five straight weeks, lifting total redemptions during the period to $4.0bn, CoinShares’ Monday report shows.
Despite the sustained pullback, the cumulative figure remains below the US$6bn seen in the equivalent period last year. At the same time, trading activity in ETPs slowed markedly, sliding to $17bn — the weakest level since July 2025 — a sign that market participation is cooling.
Flow patterns varied by region. The US remained the main source of weakness, with investors pulling $347m from products. Elsewhere, sentiment was more constructive: non-US markets collectively registered US$59m in inflows, as some investors stepped in on recent price declines. Switzerland, Canada, and Germany were the leading contributors to those gains.
Bitcoin accounted for the largest share of outflows at $215m, underscoring its central role in the broader negative trend. However, short-bitcoin strategies drew $5.5m, indicating that some investors are positioning for further downside. Ethereum followed with $36.5m in redemptions, while multi-asset funds and Tron also experienced notable withdrawals.
Although smaller inflows were recorded in XRP, Solana, and Chainlink, they were not enough to offset the broader retreat across altcoins, leaving the overall segment in net negative territory for the week.
