Bitcoin ETP Outflows Hit 2026 Record While Crypto Funds Bleed $1.67B
Crypto investment products suffered $1.67 billion in outflows last week, with Bitcoin ETPs recording $1.44 billion in weekly outflows—the highest of 2026—while Ethereum funds dropped $257 million, though XRP and select altcoins saw inflows. The U.S. led withdrawals with $1.63 billion lost, while the Netherlands was the only region with positive inflows, reflecting shifting institutional sentiment amid global economic uncertainty.
Crypto investment products experienced a $1.67 billion withdrawal last week, marking the third consecutive week of heavy outflows, according to CoinShares data. Bitcoin exchange-traded products (ETPs) led the decline with $1.44 billion in outflows—the largest weekly loss for Bitcoin in 2026—while Ethereum funds lost $257 million. Despite the broader market downturn, XRP and altcoins like Hyperliquid and Near Protocol attracted fresh investment, with XRP funds gaining $132 million in May. The U.S. accounted for the bulk of outflows, losing $1.63 billion in crypto funds, while Germany, Sweden, and Hong Kong also reported withdrawals. Only the Netherlands saw positive inflows during the same period. Bitcoin’s assets under management (AUM) fell to $114.6 billion after the latest outflows, though the asset remains in positive territory for the year with $1.2 billion in net inflows. Early 2026 saw strong institutional demand for Bitcoin, driven by regulatory improvements and rising prices, but recent geopolitical tensions and economic uncertainty have prompted investors to shift toward safer assets. Ethereum’s struggles reflect broader caution, as its funds have faced repeated outflows this year. Meanwhile, XRP’s performance stands out as a rare bright spot in the market. The trend highlights how quickly investor sentiment can change in crypto, with major assets like Bitcoin and Ethereum losing ground while niche altcoins continue to draw selective interest. Analysts attribute the shift to profit-taking and risk aversion amid volatile global financial conditions.
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