• Crypto funds lose $288M as ETPs extend outflow run to five weeks Crypto investment products posted outflows for a fifth straight week, marking the longest exit streak since the launch of spot Bitcoin ETFs in 2024. • Cointelegraph in your social feed Crypto investment products recorded $288 million in outflows last week, extending their losing streak to five consecutive weeks - the longest stretch of exits since the launch of US spot Bitcoin exchange-traded funds (ETFs) in 2024. • The latest withdrawals bring cumulative outflows to $4 billion, according to CoinShares’ Mondayreport. • Despite the sustained downturn, total outflows remain below the $6 billion recorded over the same period last year, said James Butterfill, head of research at CoinShares. • Trading activity in crypto ETPs fell to $17 billion last week, the lowest since July 2025, reflecting growing investor apathy, Butterfill said. • Bitcoin funds led weekly outflows as shorts draw inflows Bitcoin (BTC) remained the key driver of negative sentiment in crypto funds, accounting for $215 million of last week’s outflows.
Article Summaries:
- Crypto investment products recorded a $288 million outflow last week, extending a five‑week losing streak that marks the longest run of exits since U.S. spot Bitcoin ETFs launched in 2024. Cumulative outflows now total $4 billion, below last year’s $6 billion for the same period, according to CoinShares. Bitcoin ETPs led the withdrawals with $215 million, while short‑Bitcoin products attracted $5.5 million in inflows, underscoring persistent bearish sentiment. CoinShares responded to weak flows by permanently cutting its flagship Bitcoin ETP fee to 0.15%. U.S. spot Bitcoin ETFs saw a brief volume uptick, yet still posted $315.9 million in outflows for the week.
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