Digital asset investment products logged their fifth consecutive week of outflows, extending a selloff that has now erased $4 billion from the sector amid widespread investor disinterest and macro uncertainty.

Crypto funds saw $288 million in net outflows last week, bringing the five-week total to approximately $4 billion, according to a CoinShares report published Monday. Trading volumes plunged to $17 billion—the lowest level since July 2025—underscoring waning interest even as prices stabilized following Bitcoin’s recent drop below $65,000.

The sustained outflows test whether institutional appetite for crypto exposure is cooling structurally or simply pausing until macro signals turn decisively positive—with global…