TL;DR
Crypto-linked investment products broke a 15-week streak of capital inflows and recorded net outflows of $223 million, according to the latest CoinShares report.
The shift came after the Federal Reserve signaled it may keep interest rates elevated for longer, following economic data that showed a strong labor market and persistent inflation in the U.S.
During the first half of the week, inflows remained positive and reached $883 million. However, things changed after the Federal Open Market Committee (FOMC) meeting. On Friday, there was a sharp reversal, with over $1 billion pulled from the market, driven by a shift in institutional investors’ risk perception.
Bitcoin accounted for the largest share of the withdrawals, with $404 million in outflows. Despite this short-term setback, BTC has accumulated $20 billion in net inflows so far this year. Ethereum, on the other hand, continued to attract capital, with $133 million in new inflows and 15 straight weeks of positive momentum—highlighting ongoing interest even amid broader market caution.
Other cryptocurrencies also managed to attract funds. XRP saw $31.2 million in inflows, Solana took in $8.8 million, and Sei added $5.8 million. In the case of Aave and Sui, inflows were more modest, with $1.2 million and $800,000 respectively. These figures show that despite the overall decline, some investors are still betting on tokens with specific fundamentals or medium-term prospects.
Over the last 30 days, crypto investment products have seen $12.2 billion in inflows, accounting for half of the total recorded so far in 2025. While last week marked a pause, the overall volume remains high. The report attributes part of the recent outflows to profit-taking after several weeks of strong inflows, rather than a full-scale retreat from the market. Macroeconomic volatility has once again weighed on sentiment, but hasn’t yet reversed the broader capital trend toward cryptocurrencies.
