Crypto investment products bled $1.67 billion last week as Bitcoin alone lost $1.44 billion. The slide pushed assets under management to $141 billion, the lowest since early April and the biggest weekly Bitcoin outflow of 2026.
Sharp Declines Across Major Assets
Year-to-date Bitcoin inflows shrank to $1.2 billion last week from $2.6 billion the week before. Ethereum funds dropped $257 million while multi-asset products saw $2.3 million leave. Solana and Sui managed only modest exits of $800,000 and $1.4 million respectively. XRP led altcoin gains at $20.3 million, with Hyperliquid and Near trailing behind.
U.S. Drives Withdrawal Wave
America accounted for $1.63 billion of outflows, dwarfing Germany’s $25.7 million and Sweden’s $6.6 million. Hong Kong saw $4.5 million exit. The Netherlands, Switzerland and Canada reported minor inflows but couldn’t offset the broader tide. This isn’t the first shakeout this year but it’s the deepest.
Rate Pressures Take Hold
Analysts from Bitunix tied the selloff directly to rising global funding costs and tightening liquidity. They noted Treasury yields near 5% could force risk asset revaluation if strong U.S. payrolls data emerges. The bond market’s reaction to potential rate hikes now matters more than simple risk appetite, they stated. This shift has investors scrambling for clarity.
The next Fed meeting on June 15 becomes critical. If payrolls show strength next week, funds may keep fleeing. Weak data could finally calm the pressure.
