- XRP sees significant inflows, defying Bitcoin’s downward trend.
- Crypto ETP volumes hit a record high amidst outflow slowdown.
- Bitcoin ETFs face $318 million in withdrawals, but market stabilizes.
Crypto investment products saw a slowdown in outflows last week, offering a glimpse of hope after weeks of heavy selling. According to CoinShares, outflows totaled $187 million, a stark decline from the $3.43 billion recorded in the previous two weeks. This shift coincided with a stabilization in digital asset prices, suggesting that the market may be reaching a turning point.
Bitcoin Faces Challenges Amid Market Recovery
Bitcoin (BTC), which had suffered a sharp downturn, saw its price dip to $60,000 on Coinbase, marking its lowest point since November 2024. Despite this, investor sentiment seemed to improve as the pace of outflows slowed. James Butterfill, head of research at CoinShares, pointed out that the pace of outflows often signals changes in market sentiment, and this slowdown could indicate a potential market bottom.
Also Read: Investor Patrick Bet-David Just Doubled Down on XRP – Here’s What He Did
Bitcoin investment products were the hardest hit, experiencing outflows of $264.4 million. However, XRP funds defied the trend, attracting $63 million in inflows. Other altcoins such as Ether (ETH) and Solana (SOL) also saw positive movement, with inflows of $5.3 million and $8.2 million, respectively. This trend shows that while Bitcoin is facing challenges, altcoins are managing to capture investor interest.
Record Trading Volumes and Diversification Trends
Spot Bitcoin exchange-traded funds (ETFs) played a significant role in the Bitcoin outflows, accounting for $318 million in withdrawals. However, despite the outflows, crypto exchange-traded products (ETPs) recorded $63.1 billion in trading volume, surpassing the previous high of $56.4 billion from October 2025.
Crypto ETPs now manage a total of $129 billion in assets, a sharp decline from previous highs. Bitcoin ETPs hold $102.7 billion, while Bitcoin ETF assets have fallen below $90 billion. This marks a continued decline, with $1.2 billion in outflows from crypto ETPs year-to-date, compared to $1.9 billion in Bitcoin ETF outflows.
In other news, 21Shares, a major crypto fund issuer, filed with the U.S. Securities and Exchange Commission for approval of an ETF tracking Ondo (ONDO). This move highlights ongoing interest in expanding crypto investment options, even as the broader market faces challenges.
A Turning Point for Crypto?
The recent slowdown in outflows and the surge in altcoin investments suggest a shift in investor sentiment. As Bitcoin and other assets stabilize, the market might be on the verge of a recovery. The influx into XRP and other altcoins could signal that investors are diversifying their portfolios, searching for growth outside of Bitcoin. Only time will tell if these changes mark the beginning of a true market rebound.
