Bitcoin ETPs face worst 2026 outflow as $1.67B leaves crypto funds: CoinShares

Crypto investment products recorded $1.67 billion in outflows last week, extending their losing streak to three weeks as Bitcoin funds saw their largest exit of 2026.

Digital asset exchange-traded products posted their second-largest weekly withdrawal of 2026, according to CoinShares. The latest pullback took three-week outflows to $4.21 billion.

Total assets under management fell to $141 billion, the lowest level since early April. The data shows weaker demand from institutional investors after several weeks of pressure across crypto markets.

Butterfill linked the selling to an Iran-related risk-off move that outweighed any support from progress around the CLARITY Act. The report said the pullback remained concentrated in major crypto investment products.

Bitcoin leads weekly selling

Bitcoin ETPs recorded $1.44 billion in outflows, the largest weekly Bitcoin withdrawal so far in 2026. Bitcoin products were down $2.4 billion month-to-date.

The asset still had about $1.2 billion in year-to-date inflows. Bitcoin fund assets under management fell to $114.6 billion after the latest withdrawals.

Ether products also stayed under pressure. ETH funds lost $257.3 million during the week, taking year-to-date outflows to $346 million.

Altcoin demand narrowed sharply. CoinShares said only five assets posted inflows above $1 million, down from nine assets a week earlier.

U.S. products drive global exits

The United States accounted for most of the selling, with $1.63 billion in outflows. That matched heavy withdrawals from U.S.-listed spot Bitcoin ETFs during the same period.

Germany recorded $25.7 million in outflows. Sweden and Hong Kong also saw withdrawals, while the Netherlands was the only market with inflows above $1 million.

XRP led the few positive assets with $20.3 million in inflows. Hyperliquid followed with $10.8 million, while Near added $7.6 million.

This showed that some investors still targeted selected altcoin products. However, the broader market remained tilted toward exits.

Earlier inflows give wider context

As previously reported by crypto.news, crypto ETFs saw strong inflows in April, with Bitcoin, Ethereum, and XRP products attracting fresh capital. That earlier rebound has now weakened.

Separate earlier coverage also showed crypto investment products drawing more than $1 billion in weekly inflows in March, when Bitcoin and Ethereum led demand.

The latest CoinShares data marks a clear change from that earlier buying. Bitcoin now accounts for most of the pressure, while Ether funds and several regional markets also remain weak.

The next weekly fund flow report will show whether the outflow streak extends toward the five-week pattern seen earlier this year or whether demand returns after the latest sell-off.