businessJun 2, 20263:07pending
Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows
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Crypto investment products saw $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026, bringing three-week redemptions to $4.21 billion.
The pullback, driven largely by U.S. investors amid rising geopolitical tensions involving Iran and Israel, pushed assets under management down to about $141 billion, the lowest since early April.
Bitcoin funds bore the brunt with a record $1.44 billion weekly outflow and sharply reduced year-to-date inflows, while Ethereum products also saw heavy redemptions and only a handful of altcoins, led by XRP, attracted notable new money.
Crypto investment products saw $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026, bringing three-week redemptions to $4.21 billion.
The pullback, driven largely by U.S. investors amid rising geopolitical tensions involving Iran and Israel, pushed assets under management down to about $141 billion, the lowest since early April.
Bitcoin funds bore the brunt with a record $1.44 billion weekly outflow and sharply reduced year-to-date inflows, while Ethereum products also saw heavy redemptions and only a handful of altcoins, led by XRP, attracted notable new money.
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