Volume 222: Digital Asset Fund Flows Weekly Report
From CoinShares Research Blog by James Butterfill
Further outflows of US$508m following uncertainty on tariffs and monetary policy
- Digital asset investment products saw outflows totalling US$508m as investors exercise caution following the US Presidential inauguration and the consequent uncertainty around trade tariffs, inflation and monetary policy
- Bitcoin was the primary focus, seeing US$571m in outflows, with some investors choosing to add to short positions.
- XRP led with inflows of US$38.3m, having now seen US$819m of inflows since mid-November 2025 reflecting investor hopes that the SEC will drop its lawsuit.
Digital asset investment products saw outflows totalling US$508m last week, bringing the last two weeks of outflows to US$924m, following an 18-week run totalling US$29bn. We believe investors are exercising caution following the US Presidential inauguration and the consequent uncertainty around trade tariffs, inflation and monetary policy. This is also evident in trading turnover, which has fallen considerably from US$22bn 2 weeks ago to US$13bn last week.
Regionally, the flows were focussed on the US, which saw US$560m in outflows, this negative sentiment was not reflected in Europe, which continued to see healthy inflows, most notable being Germany and Switzerland totalling US$30.5m and US$15.8m respectively.
Bitcoin was the primary focus, seeing US$571m in outflows, with some investors choosing to add to short positions, with short-Bitcoin seeing US$2.8m inflows.
Interestingly, altcoins continued to see inflows, with XRP leading the pack once again with inflows of US$38.3m. XRP has now seen US$819m of inflows since mid-November 2025 reflecting investor hopes that the SEC will drop its lawsuit. Solana, Ethereum and Sui followed with inflows of US$8.9m, US$3.7m and US$1.47m respectively.
