Capital outflow from cryptocurrency investment products has slowed to $187 million. CoinShares analysts view this decrease in outflow as a potential signal that the market correction may be nearing its end.
The total assets under management have dropped to $129.8 billion, the lowest level since March 2025.
Meanwhile, trading activity has surged. The weekly trading volume of ETPs reached a historic high of $63.1 billion, surpassing the October peak of $56.4 billion.
Asset Dynamics and Geography
Investor sentiment is divided. Bitcoin took the hardest hit, with $264 million withdrawn from Bitcoin-based products.
Weekly distribution of attracted capital by assets. Source: CoinShares.
Altcoins attracted capital, with XRP leading the way with an inflow of $63.1 million. Products based on Solana received $8.2 million, while Ethereum saw $5.3 million.
XRP remains the most popular altcoin this year, with a total inflow of $109 million into its related instruments.
Geographically, positive dynamics were maintained in Europe and America.
Weekly distribution of attracted capital by regions. Source: CoinShares.
Investors from Germany contributed $87.1 million to crypto funds, while Switzerland added $30.1 million. Inflows were also recorded in Canada ($21.4 million) and Brazil ($16.7 million).
Spot ETFs in the U.S.
In the sector of U.S. spot ETFs, mixed dynamics were observed from February 2 to 6.
Bitcoin funds lost $318.07 million, Ethereum ETFs lost $165.85 million, and Solana-based products lost $8.92 million. The exception was XRP-based instruments, which saw an inflow of $39.04 million.
The situation changed at the end of the week. On February 6 alone, spot Bitcoin ETFs attracted $371.15 million, offsetting the weekly outflow. Ethereum funds continued to lose funds that day, with investors withdrawing $16.75 million.
It is worth noting that from January 26 to 30, digital asset products experienced a capital outflow of $1.7 billion amid deteriorating investor sentiment.