Crypto investment products continued their selloff last week as investor sentiment weakened, marking a two-week losing streak.
European crypto investment company CoinShares reported on Monday that crypto exchange-traded products (ETPs) saw $1.7 billion in outflows during the week.
Spending was down from $1.73 billion in the week before, which totaled $3.43 billion in the previous two weeks. This has made the flow negative year-on-year, with $1 billion withdrawn.
“We believe this reflects a combination of factors,” said James Butterfill, head of research at CoinShares, “including the appointment of a more hawkish US Federal Reserve chair, continued wheel selling associated with the four-year cycle, and heightened geopolitical volatility.”
Total assets under management fell by $73 billion since October last year
With the exits, total assets under management (AUM) in crypto funds came to $165.8 billion, which is $73 billion off the AUM since October 2025, Butterfly said.
Bitcoin (BTC) led outflows in a significant share from crypto funds, with $1.32 billion leaving BTC investment products, resulting in $333 million in outflows YTD.
Ether (ETH) funds posted $8,308 million in weekly losses, with year-to-date losses at $3,383 million. Solana (SOL) and XRP (XRP) were not spared the downturn, with spending of $31.7 million and $43.7 million, respectively.
On the other hand, short bitcoin products saw an inflow of $14.5 million, in line with negative market sentiment.
Ishaars of Blackrock once again shed the most blood
Spending hit the biggest issuers last week, with BlackRock’s Eshares ETF leading the charge at $1.2 billion. With costs of $300 million and $197 million after grayscale investment and loyalty.
Conversely, Profunds Group and Volatility shares bucked the trend, bringing in $139 million and $61 million respectively.
CoinShares’ Butterfly also mentioned that Hyperworthy (Hype) was among the notable exceptions, benefiting from the activity of tokenized precious metals.
Last week’s crypto ETF spending came ahead of a sharp weekend selloff, with bitcoin plunging below $75,000 on Sunday.
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The Crypto Fear and Lust Index now sits with a score of 14 at “Extremely Fearful,” suggesting that crypto funds may face another negative week unless markets recover quickly.
At the time of publication, bitcoin was down 1.7% over the past 24 hours, at $77,610, according to Kongeco.
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