From May 18 to 22, cryptocurrency investment funds experienced outflows totaling $1.47 billion. This marks the second consecutive week of negative results and the third-largest decline in 2026, according to CoinShares.

Source: CoinShares.

A more severe downturn was recorded in late January when the market faced two consecutive weekly drops of $1.7 billion.

Since May 11, investors have withdrawn $2.54 billion from funds due to reduced risk stemming from the situation in Iran. The CLARITY Act, which passed a key Senate vote, did not add any positive sentiment.

The U.S. leads in fund outflows with $1.425 billion. The trends in other countries are as follows:

  • Switzerland — $16.2 million;
  • Canada — $12.5 million;
  • Hong Kong — $12.2 million.

In Germany, the figures remained virtually unchanged.

Bitcoin outflows reached $1.315 billion, the largest figure in 2026. Investors withdrew $222.8 million from Ethereum-based products.

Altcoins continued to see selective inflows:

  • XRP — +$31.8 million;
  • NEAR — +$9 million;
  • SOL — +$7.7 million;
  • SUI — +$2.9 million.

Multi-asset products saw inflows of $4.7 million.

It is worth noting that in May, Bitcoin's spot volumes fell to their lowest levels of 2023.