First Outflows in 15 Weeks For Digital Assets; Bitcoin Bleeds $404M
For the first time in 15 weeks, digital asset investment products saw net weekly outflows $223 million. The week started on a high note as $883 million poured in. Momentum, however, reversed sharply following the FOMC’s hawkish stance and strong US economic data.Despite Friday’s weaker payroll numbers hinting at a more dovish Fed approach, the overall risk-off mood led to more than $1 billion in outflows that day. Still, considering the past 30 days saw $12.2 billion in inflows – half of all inflows in 2025 so far – this correction seems more like a healthy bout of profit-taking than a bearish pivot.CoinShares explained that investors may simply be locking in gains after a steady inflow streak. The outflows, while sizable, do not necessarily indicate a broader loss of confidence.Ethereum Defies Market PanicAccording to the latest edition of the “Digital Asset Fund Flows Weekly Report,” Bitcoin experienced the largest outflows amid bearish sentiment and lost $404 million over the week. Still, its year-to-date inflows remain solid at $20 billion, which CoinShares explained as “an understandable dynamic” given the asset’s “sensitivityto monetary policy shifts.”Ethereum also dipped later in the week but secured its 15th consecutive week of inflows, with $133 million. Investor confidence extended to other altcoins as well. XRP saw $31.3 million, Solana $8.8 million, and SEI $5.8 million in inflows.Smaller gains were recorded by Cardano and Aave, which attracted $1.3 million and $1.2 million, respectively.On the other hand, multi-asset products recorded $4.8 million in outflows over the past week. Sui and Litecoin followed, with $0.8 million and $0.2 million.Flows Split GeographicallyThe U.S. led the week in digital asset outflows, with investors pulling $383 million, followed by Germany with $35.5 million and Sweden with $33.3 million. Brazil also saw modest outflows of $12.8 million.Contrastingly, Hong Kong emerged as the top destination for crypto inflows as it attracted $170.4 million. Switzerland followed with $52.4 million, while Canada and Australia saw smaller gains of $12.4 million and $7.6 million, respectively.