Crypto investment products saw $1.07 billion in outflows last week, snapping a six-week streak of gains and marking the third-largest weekly withdrawal of 2026, according to CoinShares.
The reversal is largely tied to renewed geopolitical anxiety over Iran, which rattled broader risk markets. Total assets under management slipped to $157 billion from $159 billion.
The sell-off was overwhelmingly an American story: U.S.-listed products accounted for $1.14 billion of the outflows. European investors, by contrast, held firm. Switzerland saw $22.8 million in net inflows, Germany $22 million, and the Netherlands $7.5 million. Canada added $12.6 million.
Bitcoin absorbed the heaviest blow, shedding $982 million for the week, pulling its year-to-date inflow to $3.9 billion. Ethereum posted $249 million in outflows, its worst weekly showing since late January.
Altcoins, however, told a different story. XRP attracted $67.6 million in fresh investment, and Solana brought in $55.1 million, both accelerating from recent weeks. Toncoin, Sui, Ondo, Chainlink, and Dogecoin each recorded inflows, suggesting investors are rotating toward selective positions further down the asset spectrum.
Despite the weekly turbulence, legislative optimism persisted. The CLARITY Act, a U.S. crypto market structure bill, passed the Senate Banking Committee on Thursday. Eleven individual assets still recorded meaningful inflows, and the day alone flipped positive at $174 million.