Bitcoin

Altcoin

Read

James

Digital asset investment products shed US$1.67 billion last week, a third straight week of outflows as a risk-off mood deepened across crypto markets.
<h2 id="bitcoin-outflows-lead-selloff">Bitcoin Outflows Lead Selloff</h2>
The withdrawals ranked as the second-largest weekly outflow of 2026, behind only Jan. 23, and lifted three-week cumulative losses to US$4.21 billion, <a href="https://researchblog.coinshares.com/volume-288-digital-asset-fund-flows-weekly-report-166b82513893" rel="noopener noreferrer nofollow">according</a> to CoinShares.
Assets under management slid to US$141 billion from US$148 billion, the lowest level since early April. Bitcoin<a href="https://yellow.com/asset/btc" rel="noopener noreferrer nofollow">(BTC)</a> drove the decline with US$1,438 million in outflows, its largest weekly withdrawal of 2026, surpassing both last week's record and the January peak.
Ethereum<a href="https://yellow.com/asset/eth" rel="noopener noreferrer nofollow">(ETH)</a> followed with US$257 million in outflows.
Also Read:<a href="https://yellow.com/news/cardano-tops-major-chains-stablecoin-61" rel="noopener noreferrer nofollow">Cardano Tops Every Major Chain In Stablecoin Growth, Up 61% In A Week</a>
<h2 id="butterfill-ties-selloff-to-iran">Butterfill Ties Selloff To Iran</h2>
James Butterfill, CoinShares' head of research who authored the report, linked the exodus to Iran-related geopolitical risk, which he wrote had overwhelmed any cushion from the CLARITY Act's progress. The US led the retreat with US$1,630 million in outflows. Altcoin appetite thinned sharply, with only five products drawing inflows above US$1 million, down from nine a week earlier, led by XRP<a href="https://yellow.com/asset/xrp" rel="noopener noreferrer nofollow">(XRP)</a> at US$20.3 million, Hyperliquid<a href="https://yellow.com/asset/hype" rel="noopener noreferrer nofollow">(HYPE)</a> at US$10.8 million and Near<a href="https://yellow.com/asset/near" rel="noopener noreferrer nofollow">(NEAR)</a> at US$7.6 million.
The slump recalls a January-February stretch that delivered five straight negative weeks, while year-to-date Bitcoin inflows have compressed to US$1.2 billion from US$3.9 billion just two weeks ago.
Read Next:<a href="https://yellow.com/news/eth-loses-last-floor-drop-1800" rel="noopener noreferrer nofollow">ETH Loses Its Last Floor And Stares Down A Drop Toward $1,800</a>

Crypto Funds Bleed $1.67B As Outflows Stretch Into Third Straight Week

Table of Contents

Yellow News

Other articles published on Jun 1, 2026

Join our free newsletter for daily crypto updates!