Exchange-traded crypto products (ETPs) extended their negative streak for a fourth straight week after U.S. market weakness pushed global funds to more than $170 million in weekly outflows.

Crypto fund outflows augment amid US weakness

According to the latest CoinShares report dataCryptocurrency-based investment products recorded a fourth week of outflows amid negative market sentiment last month.

In Monday’s report, James Butterfill, head of research at CoinShares, said global cryptocurrency funds ended the week with negative net flows of $173 million, bringing cumulative four-week outflows to $3.47 billion.

Notably, cryptocurrency ETPs recorded outflows of over $1.7 billion in each of the last two weeks of January amid a shift in market sentiment, marking the largest negative net flows since November 2025.

Over the last two weeks, investment products have seen outflows of $187 million and $173 million, respectively. The latest data suggests that mighty selling pressure has eased, although it has not yet reversed despite improved market sentiment.

“The week started on a more positive note, with an inflow of USD 575 million, followed by an outflow of USD 853 million, likely resulting from further price weakness. On Friday, sentiment improved slightly after weaker-than-expected CPI data, with an inflow of USD 105 million,” he detailed.

Meanwhile, trading activity on ETP platforms also declined significantly, with volumes falling to $27 billion from the record $63 billion recorded in the previous week.

Butterfill noted that funds also saw a clear regional divergence in sentiment between the U.S. and the rest of the world. The report shows that $403 million outflowed from the United States last week, while all other regions saw an inflow of $230 million.

Germany, Canada and Switzerland were the best performers, with inflows of $114.8 million, $46.3 million and $36.8 million respectively.

Altcoins See Selective Immunity

As noted in the report, two leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), were the worst performers among major assets. The flagship cryptocurrency had the weakest sentiment, posting negative net flows of $133 million, driven by BlackRock IBIT outflows of $235 million.

However, Bitcoin tiny investment products have also seen outflows, totaling $15.4 million over the past two weeks, “a pattern often seen near market lows,” Butterfill added.

Ethereum saw outflows of $85.1 million, led by BlackRock ETHA of $112.7 million, while Hyperliquid saw outflows of $1 million. On the other hand, some altcoin-based investment products enjoyed positive sentiment, continuing to attract fresh inflows last week.

XRP-based cryptocurrency funds led inflows with $33.4 million inflows, which was on top of the previous week’s positive flows of $63.1 million. Solana ETPs were in second place with inflows of $31 million, a significant augment from the $8.2 million recorded a week earlier, signaling confidence in these assets despite the broader trend.

Featured image from Unsplash.com, chart from TradingView.com