Digital asset investment products suffered their third-largest weekly outflow of 2026, shedding $1.07 billion, according to the latest Coinshares report. The withdrawal snapped a seven-week streak of inflows and signaled a sharp shift in institutional positioning. Bitcoin products saw outflows of $982 million — the bulk of the exodus — bringing year-to-date outflows for BTC funds to $3.9 billion. Ethereum recorded its heaviest weekly redemption since January 30, losing $249 million. The sell-off was largely driven by U.S. investors, who pulled $1.14 billion from domestic crypto products, while European markets like Switzerland, Germany, and Canada registered modest inflows.
The macro backdrop — renewed U.S.-Iran tensions and persistent inflation fears — intensified risk-off sentiment, pushing large-cap crypto assets lower. However, capital did not leave the ecosystem entirely. Altcoin funds enjoyed notable demand: XRP attracted $67.6 million and Solana pulled in $55.1 million. Smaller allocations flowed into Toncoin ($7.7M), Sui ($4.7M), Ondo ($4.1M), Chainlink ($3.9M), and Dogecoin ($3.2M). “This shows that investors are looking for selective investments, moving beyond Bitcoin and Ethereum,” Coinshares’ head of research James Butterfill noted. Against this backdrop, Coinshares’ own stock (CSHR) tumbled over 7%, reflecting the broader uncertainty in the digital asset fund space.
