A wave of pessimism has triggered the largest weekly outflow from digital asset investment products since November 2025, totaling US$1.73 billion. Key factors behind the move include lowered expectations for monetary policy easing, poor price performance, and disappointment that crypto has not yet benefited from currency debasement trends.
The US market was the epicenter of the sell-off, experiencing outflows of almost US$1.8 billion. The story differed elsewhere. Sweden and the Netherlands posted smaller outflows of US$11.1 million and US$4.4 million. Meanwhile, investors in Switzerland, Germany, and Canada saw opportunity, contributing inflows of US$32.5 million, US$19.1 million, and US$33.5 million.
Bitcoin led the outflows with US$1.09 billion leaving related products, its highest figure in months. The simultaneous, though small, US$0.5 million inflow into short-bitcoin bets indicates some are positioning for continued downside. Market sentiment appears still damaged from the crash on October 10, 2025.
Ethereum and XRP followed suit with outflows of US$630 million and US$18.2 million, showing the risk-off mood spanned multiple major assets. Solana was a notable exception, gathering US$17.1 million in new investments. Minor inflows were also recorded for Binance (US$4.6m) and Chainlink (US$3.8m).
