Digital asset ETPs saw $2 billion leave the market last week as investors reacted to unclear policy signals and large crypto holders selling their coins.
According to a Coinshare report, the move happened across many regions during a sharp market drop. As a result, the United States recorded the most outflows while Germany moved in the opposite direction with fresh inflows. The firm also explained how weaker prices pushed investors to look for safer choices.
The report showed three straight weeks of outflows, which added up to $3.2 billion. CoinShares noted that “monetary policy uncertainty and crypto-native whale sellers” played a major role in this trend. Total assets in crypto ETPs fell to $191 billion after reaching $264 billion in early October.
That decline reflected widespread caution as investors stepped back from single coin products. Specifically, the United States recorded $1.97 billion in outflows while Switzerland and Sweden also saw losses. On the other hand, Germany took a different path with $13.2 million in inflows as some buyers saw lower prices as a chance to enter the market.
Crypto ETP flows by country in millions of US dollars / Source: CoinShares
Bitcoin ETPs lost $1.38 billion, about 2% of their total assets. Ether ETPs had $689 million leave, around 4% of their holdings. Solana and XRP also saw smaller outflows. At the same time, multi-asset ETPs gained $69 million over three weeks. Short-bitcoin ETPs added $18.1 million as some investors tried to protect their positions.
Crypto ETP flows by Asset in millions of US dollars | Source: CoinShare
This shift came after a period of strong growth earlier in the year when crypto ETPs gained attention from new buyers. As a result, many investors now appear more careful as they wait for clearer signals from central banks.
That said, the report showed that market sentiment can change quickly, but some regions, like Germany, still saw buyers. It also shows how investors adjust to big events and look for safer ways to manage their money.
Also Read: Michael Saylor Denies Strategy Sold Bitcoin Amid Market Crash
