Crypto Etps Shed $446m Over Christmas As Year-end Sentiment Remains...

Weekly fund flows point to lingering caution, with investors favoring newer products and select regions over broad market exposure.

Crypto exchange-traded products recorded $446 million in net outflows last week, extending a cautious trend persisting since October’s sharp market correction.

According to asset manager CoinShares, the latest withdrawals bring total outflows since Oct. 10 to $3.2 billion, signaling that investor confidence has yet to recover as the year ends. The weekly outflows contrast with year-to-date (YTD) inflows of $46.3 billion, a figure broadly consistent with 2024 levels.

CoinShares’ head of research, James Butterfill, said that total assets under management (AUM) have risen by just 10% YTD. He said this indicated that “the average investor has not seen a positive outcome this year once flows are taken into account.”

Flows also revealed a clear split in investor behavior. Bitcoin (BTC) and Ether (ETH) products continued to see sustained outflows, while newer XRP (XRP) and Solana (SOL) ETPs attracted fresh capital, highlighting a rotation rather than a wholesale exit.

The data showed that XRP and Solana ETPs posted the strongest inflows, attracting $70.2 million and $7.5 million, respectively.

Data from SoSoValue shows XRP ETFs have not recorded a single outflow day since launch, while Solana ETFs have seen outflows on just three days.

Since their mid-October ETF debuts in the United States, XRP products have attracted more than $1 billion in net inflows each, defying the broader risk-off sentiment weighing on older crypto ETPs. Meanwhile, SOL ETFs saw around $750 million in cumulative net inflows.

On the other hand, Bitcoin products recorded weekly outflows of $443 million, while Ether products saw $59.5 million. Overall, Bitcoin and Ether products have seen $2.8 billion and $1.6 billion exit the funds since newer ETFs have launched.

The latest data suggests that crypto capital remains engaged, but increasingly selective as 2025 comes to a close. Rather than capitulation, the flows reflect a market that grew more disciplined, favoring targeted positions over broad exposure.

Source: CoinTelegraph