Cryptocurrency funds recorded their first major outflow of $415 million last week. This has ended a 19-week streak of inflows that had accumulated $29.4 billion since the U.S. election.
According to CoinShares data, this reversal happened alongside Federal Reserve Chair Jerome Powell’s congressional testimony and higher-than-expected U.S. inflation figures.
Crypto funds see first major outflows
The total outflows of $415 million show different impacts across different fund managers. iShares ETFs have maintained positive flows of $130 million while Grayscale and Fidelity experienced outflows of $140 million and $282 million respectively.
Coming to the geographical distribution, the U.S. markets dominated the outflows with $464 million. European markets have stayed resilient. Germany recorded inflows of $21 million, Switzerland added $12.5 million, and Canada contributed $10.2 million in new investments.
Bitcoin suffers the highest outflow
Bitcoin was affected majorly as per the data with outflows of $430 million last week. According to CoinShares, this movement appears directly connected to changing interest rate expectations following Federal Reserve Chair Powell’s congressional testimony.
CoinShares XBT products saw minor outflows of $3 million. However, broader Bitcoin exposure through various ETF providers saw more movements. Month-to-date figures show that Bitcoin products still maintained overall positive flows of $5.56 billion for 2025.
Altcoins showed strength during this period, with Solana leading inflows at $8.9 million. This was followed by XRP with $8.5 million and Sui with $6 million. Ethereum, despite showing weekly outflows of $7.2 million, maintains strong month-to-date inflows of $785.8 million.
Daily ETF total net inflow hits $66.19 million
According to the latest data from SoSoValue, despite the weekly outflows, daily ETF net inflows remain positive at $66.19 million. The Assets Under Management (AUM) stood at $166.34 billion.
Looking at provider performance, iShares ETFs/USA maintains the largest AUM at $61.2 billion, followed by Grayscale Investments at $29.8 billion and Fidelity ETFs at $20.4 billion. As per the data, blockchain equities have seen $20.8 million in inflows, bringing year-to-date gains to $220 million.
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