It’s getting tough for crypto bulls.
Crypto exchange-traded products (ETPs), including ETFs, have fallen out of favor with investors as the U.S. Treasury market signals higher-for-longer interest rates.
Digital asset investment products recorded $1.47 billion in outflows last week, the second consecutive week of redemptions and the third-largest weekly outflow of 2026, according to CoinShares.
Bitcoin funds led the charge, dropping $1.32 billion in their largest weekly outflow of the year. The 11 U.S.-listed spot bitcoin ETFs alone witnessed an outflow of $1.26 billion last week, following the preceding week’s $1 billion exodus. Investors pulled $223 million from ether (ETH) funds.
Other altcoin ETFs also experienced a…
