Crypto fund outflows slow to $187 million as XRP attracts $63 million in contrarian bet
A sharp deceleration in crypto outflow last week is raising cautious optimism among investors that digital asset markets may be nearing a short-term turning point.
Digital asset fund outflows slowed sharply to $187 million last week, down significantly from recent periods, while XRP bucked the trend with $63 million in inflows to become 2026’s strongest-performing crypto on a flows basis, according to CoinShares.
Crypto outflow trends signal potential sentiment shift
The report shows that while digital asset investment products continue to see net withdrawals, the rate of crypto outflow has slowed significantly.
CoinShares said this reduction may indicate that panic-driven redemptions and forced selling are beginning to subside.
“Historically, periods where outflows decelerate have often preceded stabilisation or recovery phases,” CoinShares said in its weekly report.
The firm emphasized that fund flows often diverge from price action. In previous market cycles, slowing crypto outflow has sometimes appeared before prices formed a local bottom, as longer-term investors cautiously re-enter positions while short-term traders remain defensive.
CoinShares cautioned that the market environment remains fragile, with macroeconomic uncertainty and risk-off sentiment still weighing on digital assets.
However, the latest data suggest that selling pressure may no longer be accelerating.
Bitcoin leads crypto outflow as altcoins see inflows
At the asset level, Bitcoin continued to dominate crypto outflow. Bitcoin investment products recorded weekly outflows of $264.4 million, bringing Bitcoin’s year-to-date crypto outflow to $984 million.
Short Bitcoin products also saw outflows of $11.6 million, signaling reduced demand for bearish positioning.
CoinShares said this could reflect growing uncertainty among investors about further downside, even if confidence in a sustained rebound remains limited.
In contrast, several altcoins attracted inflows. XRP led all digital assets with $63.1 million in weekly inflows, raising its year-to-date total to $109 million.
CoinShares said XRP is now the strongest-performing digital asset on a flows basis this year, diverging sharply from the broader crypto outflow trend.
Solana recorded $8.2 million in inflows, while Ethereum attracted $5.3 million. Multi-asset investment products also saw $9.3 million in inflows, suggesting that some investors are rotating capital within the market rather than exiting entirely through crypto outflow.
Crypto flows by asset | Source: CoinShares
Regional divergence emerges amid global crypto outflow
Fund flows varied significantly by region. Germany led all countries with $87.1 million in weekly inflows, followed by Switzerland at $30.1 million.
Canada and Brazil also recorded inflows of $21.4 million and $16.7 million, respectively.
CoinShares said the divergence reflects differences in investor composition, regulatory clarity, and product availability.
While some regions continue to experience crypto outflow, others appear to be attracting capital from investors positioning for a medium-term recovery.
“The combination of slowing outflows and selective inflows suggests investors are becoming more tactical rather than broadly risk-averse,” CoinShares said.
Assets under management fall despite slowing crypto outflow
Despite the deceleration in crypto outflow, total assets under management across digital asset investment products fell to $129.8 billion, the lowest level since March 2025.
CoinShares noted that previous periods at similar AuM levels coincided with local lows in crypto prices.
At the same time, trading activity surged. Weekly trading volumes in crypto exchange-traded products reached a record $63.1 billion, exceeding the prior high set in October.
“Rising volumes during periods of slowing outflows can indicate a market searching for equilibrium,” CoinShares said.
The combination of elevated trading volumes and moderating crypto outflow suggests that investors are actively repositioning rather than capitulating.
What crypto outflow trends mean for investors
For investors, the key question is whether the recent slowdown in crypto outflow will persist.
Sustained deceleration, combined with continued inflows into select assets, could strengthen the case that markets are stabilising.
CoinShares cautioned that near-term price action remains sensitive to macroeconomic developments and shifts in global risk appetite.
Confirmation of a durable recovery would likely require several consecutive weeks of reduced crypto outflow and broader participation across assets.
Still, the latest data suggest that the worst of the recent selling pressure may be easing, offering tentative evidence that digital asset markets are beginning to regain balance.