Crypto investment products recorded their second-largest weekly outflow of 2026 last week, with investors pulling $1.67 billion from digital asset funds. The withdrawals marked the third consecutive week of net outflows, bringing total redemptions over the past three weeks to $4.21 billion.
According to a report from CoinShares, geopolitical tensions-specifically concerns surrounding Iran-outweighed positive sentiment from progress on the CLARITY Act, a U.S. crypto market structure bill. Assets under management across digital asset investment products fell to $141 billion, their lowest since early April.
The United States accounted for nearly all of the withdrawals, with $1.63 billion in outflows. Germany recorded $25.7 million, while Sweden and Hong Kong posted $6.6 million and $4.5 million, respectively.
Bitcoin investment products saw the largest share of selling, losing $1.44 billion-the largest weekly bitcoin outflow of 2026. Strategy (MSTR), the largest corporate holder of bitcoin, sold a portion of its holdings, adding pressure to the market. Bitcoin fell close to the $70,000 mark on Monday.
Ethereum funds also faced pressure, recording $257.3 million in outflows. Meanwhile, investor appetite for alternative cryptocurrencies weakened, though XRP led inflows at $20.3 million, followed by Hyperliquid (HYPE) at $10.8 million and Near at $7.6 million.
Despite the recent pullback, crypto investment products still hold roughly $142 billion in assets globally.