Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows Investors pulled $1.67 billion from digital asset investment products last week, with bitcoin funds posting their largest weekly outflow of the year, according to a recent report from…
inShares. What to know: – Crypto investment products saw $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026, bringing three-week redemptions to $4.21 billion. – The pullback, driven largely by U.S. investors amid rising geopolitical tensions involving Iran and Israel, pushed assets under management down to about $141 billion, the lowest since early April. – Bitcoin funds bore the brunt with a record $1.44 billion weekly outflow and sharply reduced year-to-date inflows, while Ethereum products also saw heavy redemptions and only a handful of altcoins, led by XRP, attracted notable new money
Crypto investment products recorded their second-largest weekly outflow of 2026 by the end of May, with investors pulling $1.67 billion from digital asset funds as geopolitical tensions and a broader risk-off mood weighed on markets, according to a report from CoinShares. The withdrawals marked the third consecutive week of net outflows and brought total redemptions over the past three weeks to $4.21 billion. CoinShares said concerns surrounding Iran had overwhelmed any positive sentiment generated by recent progress on the CLARITY Act, a U.S. crypto market structure bill.
Assets under management across digital asset investment products fell to $141 billion from $148 billion the previous week, their lowest level since early April. The latest outflows coincide with a sharp decline in crypto prices. Bitcoin fell close to the $70,000 mark on Monday after reports that Iran had halted talks with the United States in protest over Israel’s continued incursions into Lebanon.