Bitcoin, Ethereum ETFs Bleed as Crypto Funds Shed $1.07 Billion, Ending 6-Week Win Streak

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In brief - Iran tensions ended a six-week inflow streak with $1.07 billion in outflows, led by Bitcoin and Ethereum. - The sell-off was almost entirely American; European markets held firm with modest inflows. - Altcoins bucked the trend—XRP and Solana both accelerated inflows, with 11 assets finishing positive. Crypto investment products suffered $1.07 billion in outflows last week, ending a six-week run of gains and marking the third-largest weekly withdrawal of 2026, according to a Monday report from CoinShares. Analysts attributed the reversal primarily to renewed geopolitical anxiety tied to Iran, which rattled broader risk markets and sent investors fleeing the largest cryptocurrencies. Total assets under management slipped to $157 billion from $159 billion the prior week. The damage was almost entirely an American story: U.S.-listed products accounted for $1.14 billion of the outflows, dwarfing activity elsewhere. European investors, by contrast, largely held their nerve. Switzerland attracted $22.8 million in net inflows, Germany $22.0 million, and the Netherlands $7.5 million, while Canada added $12.6 million—a regional divergence that has become a recurring theme in 2026's volatile flow environment. Bitcoin absorbed the sharpest blow, shedding $982 million for the week and pulling its year-to-date inflow total down to $3.9 billion. Ethereum also retreated, posting $249 million in outflows—its worst weekly showing since late January. Altcoins told a strikingly different story. XRP attracted $67.6 million in fresh investment and Solana $55.1 million, both accelerating from recent weeks. Smaller tokens also drew interest, with Toncoin (TON), Sui, Ondo, Chainlink, and Dogecoin each recording inflows, suggesting investors are rotating toward selective positions further down the asset spectrum. Continued progress on the CLARITY Act appeared to provide a partial buffer, with the U.S. crypto market structure bill passing the Senate Banking Committee on Thursday. Eleven individual assets still recorded meaningful inflows, and Thursday alone flipped positive at $174 million—a sign that legislative optimism has not entirely evaporated despite the week's turbulence.

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