Overall crypto investment products recorded $1.47 billion in weekly outflows, which was the second consecutive week of negative flows. US spot Bitcoin ETFs accounted for roughly $1.26 billion of the withdrawals. The selling pressure coincided with a weaker week for Bitcoin’s price, which briefly fell toward the $75,000 region before recovering slightly to trade near $79,569 at press time.
Bitcoin ETF Outflows Surge
Global crypto investment products experienced another major wave of outflows last week, as investors continued pulling capital from digital asset funds. According to CoinShares, crypto investment products recorded $1.47 billion in outflows during the week. This was the second consecutive week of negative flows and the third-largest weekly outflow recorded in 2026 so far.
Weekly crypto asset flows (Source: CoinShares)
The latest redemptions pushed cumulative two-week outflows to approximately $2.54 billion. CoinShares Head of Research James Butterfill attributed the sustained withdrawals to growing global uncertainty and a risk-off environment linked to escalating tensions involving Iran. Despite regulatory developments in the United States, including progress surrounding the Clarity Act, investors appeared more cautious toward risk assets.
Bitcoin-related products accounted for the overwhelming majority of the outflows. According to the report, Bitcoin investment products alone saw $1.32 billion leave the market, which was the largest weekly Bitcoin fund redemption of the year. Year-to-date Bitcoin fund inflows also dropped sharply, shrinking from $3.9 billion to just $2.6 billion in a single week.
The pressure was particularly visible in the US spot Bitcoin ETF market, where products collectively lost roughly $1.26 billion during the same period. The selling pressure coincided with a difficult week for Bitcoin’s price action.
BTC’s price action over the past week (Source: CoinCodex)
Over the past seven days, Bitcoin struggled to maintain bullish momentum after previously attempting to push toward higher resistance levels. BTC traded in a volatile range and experienced a sharp sell-off around May 23, which briefly dragged the price toward the $75,000 region before buyers stepped in to stabilize the market. At press time, Bitcoin traded around $79,569 after posting a 2.25% decline over the seven-day period.
Ethereum products also faced selling pressure, and recorded $222.8 million in weekly outflows. However, some altcoins managed to attract fresh capital despite the broader market weakness.
XRP investment products led the positive flows among altcoins after attracting $31.8 million, while Near products saw $9 million in inflows despite having relatively modest total assets under management. Solana products added $7.7 million, Sui products brought in $2.9 million, and multi-asset crypto investment products recorded $4.7 million in inflows.
Flows by asset (Source: CoinShares)
Regionally, the United States dominated the outflow figures with $1.43 billion in redemptions. Switzerland reversed course and posted $16.2 million in outflows. Canada and Hong Kong also recorded big withdrawals, while Germany’s flows stayed largely flat according to CoinShares data.
