Crypto funds have lost billions as investors continue to pull their money out. Digital asset investment products saw $288 million in outflows last week alone. This marks the fifth straight week of withdrawals.
According to CoinShares, total outflows have now reached $4 billion during this five-week period. This shows that investor confidence has weakened across the crypto market.
The United States led the sell-off. U.S. investors withdrew $347 million from crypto funds. In contrast, Europe and Canada saw small inflows, suggesting some investors there saw lower prices as a buying opportunity.
Bitcoin was hit the hardest. Bitcoin funds recorded $215 million in outflows, the largest share of withdrawals. Meanwhile, short-bitcoin products saw small inflows, showing some traders expect prices to fall further.
Ethereum also saw significant withdrawals, losing $36.5 million. Multi-asset crypto funds and Tron products also recorded notable outflows. These losses added to the overall negative trend.
However, some altcoins showed minor gains. XRP, Solana, and Chainlink saw small inflows. These gains were not enough to offset the larger withdrawals from Bitcoin and Ethereum funds.
Trading activity has also slowed down. Total trading volume dropped to $17 billion, the lowest level since July 2025. This suggests investors are becoming more cautious after recent market volatility.
Despite the outflows, total crypto assets under management remain high at $130.4 billion. This shows that institutional investors still have significant exposure to crypto, even as short-term sentiment remains weak.
