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Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows
Investors pulled $1.67 billion from digital asset investment products last week, with bitcoin funds posting their largest weekly outflow of the year, according to a recent report from CoinShares.
Jun 1, 2026, 5:59 p.m. 2 min read
What to know:
- 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.
Assets under management across digital asset investment products fell to $141 billion from $148 billion the previous week, their lowest level since early April.
The latest outflows coincide with a sharp decline in crypto prices. Bitcoin fell close to the $70,000 mark on Monday after reports that Iran had halted talks with the United States in protest over Israel’s continued incursions into Lebanon. The move coincided with Strategy (MSTR), the largest holder of bitcoin, selling some of its stack after years of its executive chairman Michal Saylor vowing he wouldn’t do so. The largest cryptocurrency dropped about 3% over the past 24 hour period, adding pressure to digital asset investment products.
