Crypto ETPs See $1.2B Outflows, AUM Drops To $207.5B

Cryptocurrency investment products faced heightened selling pressure last week as crypto funds recorded a second consecutive week of outflows amid ongoing negative sentiment in the markets.

Crypto exchange-traded products (ETPs) saw $1.17 billion in outflows last week, up around 70% from $360 million recorded the previous week, CoinShares reported Monday.

CoinShares’ head of research, James Butterfill, attributed the sell-off to the ongoing negative crypto market trend following the Oct. 10 flash crash, along with uncertainty over a potential US interest rate cut in December.

ETP trading volumes stayed elevated at $43 billion for the week, Butterfill said, noting a brief recovery on Thursday amid optimism over the US government shutdown. However, renewed outflows returned on Friday as those hopes faded, he added.

Bitcoin outflows persist, Ether fails to hold ground

Mirroring the prior week, Bitcoin (BTC) ETPs led the outflows last week with $932 million, slightly down from $946 million the week before.

Ether (ETH) funds were unable to resist the negative momentum, posting $438 million in outflows after recording $57 million in inflows the previous week.

Related: Crypto could get relief as US Senate cuts deal to end shutdown: Report

Short Bitcoin ETPs followed the negative trend, posting $11.8 million of inflows last week. “This coupled with similar inflows a couple of weeks ago mark the highest weekly since May 2025,” CoinShares’ Butterfill noted.

Solana, XRP defy the trend

Several altcoins remained resilient to the crypto ETP sell-off, led by Solana (SOL) with $118 million of inflows last week. Over the past nine weeks, inflows in SOL ETPs totaled $2.1 billion, Butterfill observed.

Other altcoins like XRP (XRP), Hedera (HBAR) and Hyperliquid (HYPE) also posted inflows, netting $28 million, $27 million and $4.2 million, respectively.