Cryptocurrency funds faced $288 million in withdrawals for the fifth week, with significant losses impacting the market.
From February 16 to 20, cryptocurrency funds saw withdrawals totaling $288 million, marking the fifth consecutive week of outflows, as reported by CoinShares.
During this timeframe, the overall market suffered losses amounting to $4 billion, highlighting a significant downturn.
Investor engagement has notably decreased, with trading volumes falling to $17 billion—the lowest since July 2025.
Geographical Trends in Investment
American investors were responsible for the largest withdrawals, pulling out $347 million. In contrast, European and Canadian investors capitalized on declining prices, collectively investing $59 million. Switzerland led the inflow with $19.5 million, followed by Canada with $16.8 million and Germany with $16.2 million.
Bitcoin faced the most severe impact, with $215 million withdrawn from Bitcoin-focused funds. Ethereum funds saw outflows of $36.5 million, while multi-asset products lost $32.5 million. TRON-based funds experienced withdrawals of $18.9 million.
On a positive note, there were minor inflows for XRP ($3.5 million), Solana ($3.3 million), and Chainlink ($1.2 million), although these were insufficient to counterbalance the overall losses in altcoins.
Interestingly, a previous report indicated that from January 30 to February 6, the pace of outflows had slowed to $187 million.