Between December 19 and 27, cryptocurrency investment products experienced outflows totaling $446 million, according to a report by CoinShares.
Since the market downturn on October 10, investors have withdrawn a total of $3.2 billion from funds. Analysts noted that sentiment among segment participants has yet to recover.
Year-to-date net inflows reached $46.3 billion, comparable to the 2024 figure of $48.7 billion. Meanwhile, assets under management increased by only 10%.
The primary wave of sales occurred in the United States, with outflows of $460 million.
A slight decline was recorded in Switzerland ($14.2 million). Germany was an exception, where local investors invested $35.7 million in products, taking advantage of low prices to increase positions.
The altcoin sector is showing positive dynamics.
Leading the way were products based on XRP and Solana, with inflows of $70.2 million and $7.5 million, respectively. Since the launch of dedicated ETFs in the U.S., instruments based on these assets have attracted $1.07 billion and $1.34 billion.
Bitcoin and Ethereum continue to lose capital. Over the week, $443 million was withdrawn from products based on the first cryptocurrency, and $59.5 million from Ethereum funds. Since mid-October, total outflows for these two assets have amounted to $2.8 billion and $1.6 billion, respectively.
Earlier, from December 12 to 20, investors withdrew $952 million from cryptocurrency investment products.