The crypto market recorded $1.47 billion in outflows from digital asset investment products last week, according to CoinShares data, marking the third-largest weekly withdrawal of 2026. Bitcoin led the sell-off with $1.315 billion in outflows—its biggest weekly withdrawal this year—while Ethereum saw $223 million exit. CoinShares linked the outflows to geopolitical tensions related to Iran and concerns over energy markets and macroeconomic stability. The sell-off reflected a global risk-off shift as institutional investors moved toward safer positions.
Bitcoin and Ethereum Lead Outflows
Bitcoin accounted for $1.315 billion in outflows last week, representing its largest weekly withdrawal in 2026, according to CoinShares. Ethereum followed with $223 million in outflows. The scale of redemptions highlighted a sharp decline in institutional appetite for risk across major digital assets. The outflows were not confined to the United States, with Switzerland, Canada, and Hong Kong also reporting significant withdrawals, indicating a coordinated global de-risking rather than a regional phenomenon.
XRP Attracts $31.8M in Institutional Inflows
XRP moved against the outflow trend by attracting $31.8 million in inflows last week, standing out as one of the few large-cap tokens to draw fresh institutional capital during the downturn. The divergence was notable given the intensity of selling pressure across the broader market. Solana also recorded positive inflows of $7.7 million, though significantly below XRP's level. Both assets were among the few to attract capital in a week marked by heavy sector-wide outflows.
Geopolitical and Macroeconomic Factors Drive Risk-Off Sentiment
CoinShares attributed the $1.47 billion in outflows to growing risk-off sentiment driven by Iran-related geopolitical tensions, alongside concerns over energy markets and broader macroeconomic stability. The sell-off extended across multiple regions, with Switzerland, Canada, and Hong Kong joining the United States in reporting substantial outflows. The coordinated nature of the withdrawals suggested a global shift toward de-risking rather than isolated regional behavior.
FAQ
What was the total amount of crypto outflows last week?
Digital asset investment products recorded $1.47 billion in outflows last week, according to CoinShares data.
Which cryptocurrency saw the largest outflows?
Bitcoin led with $1.315 billion in outflows, marking its biggest weekly withdrawal in 2026. Ethereum followed with $223 million in outflows.
Did any cryptocurrencies see inflows during the sell-off?
XRP attracted $31.8 million in inflows, and Solana recorded $7.7 million in inflows, making them among the few assets to draw capital during the downturn.