Cryptocurrencies poured in $952M, but XRP and Solana led the trend.
Key receivers
Digital asset investment products saw $952 million in spending last week, led by Ethereum and Bitcoin. XRP and Solana bucked the broader cash outflow trend and recorded strong gains.
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Crypto investment products lost $952 million last week as delays in the market structure and concerns about whale sales sparked a shift in risk appetite among investors, according to CoinShares.
The rebound snapped a four-week streak of outflows, driven largely by strong outflows from Ethereum and Bitcoin funds. About $555 million went out of Ethereum products, while $460 million went out of Bitcoin funds.
Conversely, XRP and Solana investment products continue to attract new capital. Investors added $63 million to XRP funds and nearly $49 million to Solana Products.
Despite last week's weakness, Ethereum is improving year by day and is still better than last year. The second largest crypto-related funds attracted $12.7 billion this year, compared to $5.3 billion in the same period last year.
Bitcoin has yet to match last year's gains, with funds tied to the major crypto asset posting $27.2 billion in revenue year-to-date, with $41.6 billion in 2024.
In the year As of Dec. 20, digital asset investment products had a total of nearly $46.7 billion in assets under management, down from $48.7 billion in 2024.
