CoinShares Weekly Crypto Fund Flows – Summary
Net total flows: –$446mn, continuing the outflow run after the price shock on 10 October.
Indicating that investor sentiment is still ‘fragile’ and still not fully recovered.
Total outflows since Oct 10: –$3.2 billion
Total AUM: Approximately 10% YTD increase
YTD inflows of $46.3b are well short of $48.7b in 2024, a final reminder too that many investors are not yet meaningfully in the green accounting for both price and flows.
🔴 Bitcoin: –$443 million
$BTC had the highest withdrawals after the launch of $XRP and SOL ETFs.
🔴 Ethereum: –$59.5 million
$ETH is still being sold off too with total outflows of –1.6 billion since the very ETF launches.
🟢 Altcoins proving resilient:
XRP: + $70.2 million
Solana: + $7.5 million
➡️ Since the US mid-October ETF launches ERC20 XRP has gained +$1.07bn , while SOL has gained +$1.34bn in inflows rebelling against the wider downtrend.
✨ Conclusion:
Institutional funds are still leaving the US crypto market so what we’re seeing is a bit of a defensive, risk-averse posture in the very near term. BTC and ETH continue to be under pressure while capital continues to flow into SOL and XRP, pointing to a focused asset allocation approach.
Overall market tone: holding up shorts – risk-off, not quite back to “risk-on”.
