Crypto Funds Lost $414M Last Week — XRP Was the Only Inflow

Digital asset investment products saw $414 million in net outflows last week, according to CoinShares data published today. It is the first weekly outflow in five weeks, driven by geopolitical tensions and macro uncertainty.

The Numbers

Ethereum took the hardest hit with $222 million in outflows — the worst of any cryptocurrency this week. Year-to-date, ETH fund flows are now negative $273 million, reflecting broader struggles beyond just the current macro environment.

Bitcoin followed with $194 million in outflows, though BTC funds still maintain a positive year-to-date flow of $964 million. Solana and multi-asset products also saw selling.

The sole exception: XRP. Investment products tracking XRP recorded $15.8 million in net inflows, making it the only major cryptocurrency to attract new money last week.

What Is Driving the Selling

The CoinShares report points to two primary catalysts: the Middle East conflict and the Federal Reserve's stance on interest rates. The ongoing Iran situation has pushed oil prices higher, increasing inflation risk and reducing the probability of rate cuts this year.

Total assets under management for crypto products dropped to $129 million. The US was the largest contributor to outflows at $445 million.

What Orderflow Shows

Fund flow data tells you what institutions did last week. Orderflow data tells you what is happening right now.

On Buildix, our multi-exchange signal engine tracks buy and sell pressure across Hyperliquid, Binance, and Bybit in real-time. While fund flows show selling, the trade tape often reveals a different story — particularly for BTC, where CVD divergence has been detecting accumulation patterns during this period of extreme fear.

Track institutional orderflow live on the Buildix Screener. The Signal Dashboard shows which pairs have real confluence between CVD, VPIN, OBI, and funding metrics.

Data sources: CoinShares Weekly Fund Flow Report, Buildix Signal Engine V2.