{"id":429081,"date":"2026-06-01T18:00:05","date_gmt":"2026-06-01T12:30:05","guid":{"rendered":"https:\/\/dripp.zone\/news\/crypto-funds-extend-sell-off-with-1-67b-weekly-outflows-crypto-news\/"},"modified":"2026-06-01T19:20:39","modified_gmt":"2026-06-01T13:50:39","slug":"crypto-funds-extend-sell-off-with-1-67b-weekly-outflows-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-funds-extend-sell-off-with-1-67b-weekly-outflows-crypto-news\/","title":{"rendered":"Crypto Funds Extend Sell-Off With $1.67B Weekly Outflows &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div data-testid=\"post__body\">\n<p>Crypto investment products extended losses to three straight weeks last week amid ongoing selling pressure in markets and limited institutional demand.<\/p>\n<p>Crypto exchange-traded products (ETPs) recorded $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026, CoinShares <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/researchblog.coinshares.com\/volume-288-digital-asset-fund-flows-weekly-report-166b82513893\" rel=\"nofollow noopener\" target=\"_blank\">reported<\/a> on Monday.<\/p>\n<p>The fresh outflows bring three-week losses to $4.21 billion, with total assets under management dropping to $141 billion, the lowest level since early April.<\/p>\n<p>CoinShares head of research James Butterfill attributed surging outflows to an Iran-related risk-off move that has now overwhelmed any cushioning effect from <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/senator-lummis-says-china-will-beat-the-us-to-the-punch-if-clarity-is-not-passed\">CLARITY Act<\/a> progress. \u201cThe pattern is reminiscent of the January-February episode that delivered five consecutive negative weeks,\u201d he said.<\/p>\n<h2>Bitcoin sees the largest weekly outflow of 2026<\/h2>\n<p>Bitcoin (BTC) ETPs led weekly outflows by a wide margin, with $1.44 billion leaving the funds, marking the largest weekly outflow so far this year.<\/p>\n<p>The funds were $2.4 billion down month-to-date but still had about $1.2 billion in inflows year-to-date, while assets under management fell to $114.6 billion.<\/p>\n<p><figure><\/figure>\n<\/p>\n<p style=\"text-align: center;\"><em>Crypto ETP flows by asset (in millions of US dollars). Source: CoinShares<\/em><\/p>\n<p>Ether (ETH) funds continued to see selling pressure with $257.3 million in outflows, bringing year-to-date losses to $346 million.<\/p>\n<p>Altcoin participation also collapsed, CoinShares\u2019 Butterfill said, referring to only five assets recording substantial inflows above $1 million, down from nine a week prior.<\/p>\n<p>XRP (XRP) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/crypto-etps-147-billion-outflows-risk-off-broadens-coinshares\">again led positive momentum<\/a> with $20.3 million in inflows, while Hyperliquid (HYPE) and Near (NEAR) followed with $10.8 million and $7.6 million, respectively.<\/p>\n<h2>US drives losses with $1.63 billion of outflows<\/h2>\n<p>Regionally, the United States drove the global outflow story with $1.63 billion of outflows, aligning with $1.42 billion in outflows from US-listed spot Bitcoin exchange-traded funds (ETFs), <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" rel=\"nofollow noopener\" target=\"_blank\">according<\/a> to SoSoValue data.<\/p>\n<p>Germany joined the risk-off sentiment with $25.7 million of outflows, while Sweden and Hong Kong saw $6.6 million and $4.5 million in outflows, respectively. The Netherlands again was the only country to see inflows above $1 million, with $1.3 million in inflows, down from $6.6 million a week prior.<\/p>\n<p><figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-1190.png\" width=\"896\" height=\"691\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-1190.png\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<\/p>\n<p style=\"text-align: center;\"><em>Crypto ETP flows by country (in millions of US dollars). Source: CoinShares<\/em><\/p>\n<p>According to the derivatives trading desk at Laser Digital, the crypto sell-off last week came without a clear catalyst and was affected by underperforming equities.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/strategys-michael-saylor-says-working-better-tees-up-btc-buy\"><em><strong>Strategy&#8217;s Michael Saylor teases BTC buy with &#8216;working better&#8217; tweet<\/strong><\/em><\/a><\/p>\n<p>The unit cited a lack of demand, including Michael Saylor\u2019s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/strategy-repurchases-15b-notes-cuts-outstanding-debt-67b-2029\">Strategy announcing that it did not purchase any BTC<\/a> between May 18 and May 24.<\/p>\n<p>\u201cWith STRC still trading below par and the continued lack of interest from retail buyers, BTC is expected to remain weak for the time being,\u201d it said in a statement seen by Cointelegraph.<\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph-magazine.com\/hyperliquid-hype-bitcoin-ethereum-xrp-market-moves\/\" rel=\"nofollow noopener\" target=\"_blank\"><em><strong>HYPE chases $100 target, ETH could dump below $1800: Market Moves<\/strong><\/em><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto investment products extended losses to three straight weeks last week amid ongoing selling pressure in markets and limited institutional demand. Crypto exchange-traded products (ETPs) recorded $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026, CoinShares reported on Monday. The fresh outflows bring three-week losses to $4.21 billion, with total assets under [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":429089,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-429081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/429081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=429081"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/429081\/revisions"}],"predecessor-version":[{"id":429091,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/429081\/revisions\/429091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/429089"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=429081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=429081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=429081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}