Crypto Funds Lose $1.67B as Bitcoin Suffers Largest Weekly Outflow of 2026

CoinShares noted that the risk-off sentiment outweighed any positive catalysts, making this the second-largest weekly outflow of the year, trailing only the week of January 23 .

Bitcoin Takes the Heaviest Hit

Bitcoin investment products absorbed the most damage, hemorrhaging $1.44 billion. This was not only the largest single-week outflow for Bitcoin ETPs in 2026 but also surpassed the previous week's record, deepening the institutional retreat .

Heavy selling significantly dented Bitcoin's year-to-date inflows, which fell to $1.2 billion from $2.6 billion a week earlier and $3.9 billion two weeks prior, according to CoinShares data . Spot Bitcoin ETFs in the U.S. alone accounted for $1.42 billion in redemptions, underscoring the concentrated institutional sell-off .

Ethereum and The Altcoin Divide

Ethereum products were also swept up in the retreat, recording $257 million in outflows to extend their own three-week losing streak . The broad-based selling, however, was not universal.

A small group of altcoins managed to attract fresh capital, suggesting a selective rotation rather than a complete flight from the crypto ecosystem. Only five altcoins posted inflows above $1 million:

• XRP led the contrarian charge with $20.3 million in inflows .
• Hyperliquid (HYPE) followed with $10.8 million .
• NEAR Protocol attracted $7.6 million .

These inflows hint at investors reallocating capital to specific relative-value plays or smaller-cap assets, even as the dominant trend remained firmly defensive .

The data paints a picture of a market grappling with external shocks. Institutional conviction, particularly in the foundational assets of Bitcoin and Ethereum, wavered significantly as geopolitical fears intensified, though the selective buying of tokens like XRP reveals that some pockets of risk appetite remain.