Bitcoin, Ethereum ETFs Bleed as Crypto Funds Lose $1.73 Billion, Largest Since November

Core Insights - Digital asset investment products experienced significant outflows of $1.73 billion last week, the largest since mid-November 2025, with Bitcoin and Ethereum leading the declines [1][2] - The broader crypto market is under pressure, with Bitcoin trading at approximately $87,620, down 5.5% over the past week, and Ethereum down 9.5% to around $2,900 [3] Group 1: Outflows and Market Dynamics - Bitcoin investment products saw outflows of $1.09 billion, while Ethereum funds experienced $630 million in withdrawals; in contrast, Solana-linked products had inflows of $17.1 million [1] - The outflows are attributed to macroeconomic pressures, including reduced expectations for interest rate cuts and negative price momentum, rather than a decline in crypto usage [2][4] - The U.S. accounted for nearly $1.8 billion of the total outflows, while Sweden and the Netherlands had smaller outflows of $11.1 million and $4.4 million, respectively [4] Group 2: Regional Investment Trends - Investors in Switzerland, Germany, and Canada capitalized on recent price declines, resulting in inflows of $32.5 million, $19.1 million, and $33.5 million, respectively [5] - XRP-linked products saw withdrawals of $18.2 million, while minor inflows were noted in smaller products associated with Binance and Chainlink [5]