- Digital asset investment products saw $795M in outflows last week, extending a three-week streak of steady institutional withdrawals.
- Since February, total outflows have reached $7.2B, nearly eliminating all early 2025 inflows, now standing at just $165M.
- Bitcoin led the exodus with $751M in outflows, while XRP, Ondo, Algorand, and Avalanche saw modest institutional inflows last week.
Digital asset investment products experienced $795 million in withdrawals during the recent week, thus becoming the third consecutive week of depletion. Since February, the total has reached $7.2 billion, nearly erasing all inflows recorded earlier this year.
Bitcoin Leads Weekly Outflows as Sentiment Deteriorates
According to a tweet from Satoshi Club, the outflows were led by Bitcoin, which recorded $751 million in weekly losses. Despite this, year-to-date inflows for Bitcoin still stand at $545 million. Ethereum followed with $37.6 million in outflows, while Solana, Aave, and Sui experienced smaller drawdowns of $5.1 million, $0.78 million, and $0.58 million, respectively.
Short-bitcoin products also saw withdrawals, with $4.6 million exiting last week. The widespread outflows spanned multiple providers and regions, signaling a broad-based shift in sentiment among institutional investors.
Weekly flow data from CoinShares shows that recent market uncertainty has sparked a retreat in capital allocation to digital asset funds.
YTD Gains Nearly Wiped Out by Persistent Withdrawals
The three-week streak of outflows has pushed the total YTD inflows down to just $165 million. CoinShares’ data reveals that the $7.2 billion in outflows since February has nearly wiped out early 2025 gains.
Asset flow reduction occurs as the economy faces continuing policy challenges which began with U.S. tariff announcements. The recent market developments create negative investor sentiment while causing significant movement of capital within major digital asset markets.
Despite the negative trend, a late-week rebound in crypto prices helped lift total assets under management. Assets rose to $130 billion, up 8% from the lowest point on April 8.
Altcoins See Modest Inflows Amid Broader Declines
Amid the outflows, a few altcoins recorded modest gains. XRP led with $3.5 million in inflows, showing resilience in an otherwise bearish week. Ondo, Algorand, and Avalanche followed, each posting inflows of $0.46 million, $0.25 million, and $0.25 million, respectively.
These selective inflows show that investor interest remains for certain tokens, even as overall sentiment cools.
