Digital asset investment products recorded net outflows of $352 million last week, even as signs of a potential September rate cut in the US and weaker payroll figures did little to buoy sentiment, according to asset manager Coinshares.
Trading volumes fell 27% over the period, suggesting investors are taking a temporary pause despite year-to-date inflows of $35.2 billion.
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Regionally, the U.S. led withdrawals with $440 million in outflows, while Germany attracted inflows of $85.1 million and Hong Kong saw $8.1 million of new capital.
Amid the sector-wide retrenchment, Bitcoin products drew $524 million of inflows, while Ethereum saw $912 million of outflows, with seven consecutive days of net redemptions across major ETP issuers.
Other altcoins maintained steady momentum: Solana notched its 21st straight week of positive flows, contributing to $1.16 billion of inflows year-to-date, while XRP’s products have drawn $1.22 billion so far in 2025.
Read More: Ethereum leads a $3.75 billion inflow week for digital assets: CoinShares