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Crypto ETFs Record Largest Weekly Outflow Since March 2025
Last week, bitcoin- and ethereum-based exchange-traded funds lost $1.43 billion. This ended a two-week inflow period during which $4.3 billion had been attracted.
The outflow occurred against the backdrop of bitcoin’s decline from $116,000 on August 18 to $112,000 by the end of the trading week. Last Tuesday, ethereum dropped below $4,100 after trading around $4,250 the day before (CoinGecko data).
The losses last week marked the second-largest outflow in history for spot ethereum-based funds. According to James Butterfill, head of research at CoinShares, the $1.4 billion outflow from crypto funds was the largest since March 2025. He attributed the sell-off to the “growing polarization” of investor sentiment toward U.S. monetary policy, as well as pessimism about the Federal Reserve’s stance.
However, sentiment shifted by the end of the week after Jerome Powell’s speech at the Jackson Hole symposium, which many perceived as more “dovish” than expected, leading to $594 million in inflows, he added.
According to the expert, cryptocurrency flows remain highly sensitive to macroeconomic signals and positioning in exchange-traded derivatives, with “larger-cap assets bearing the brunt when volatility increases.”
See also: "BitMine Reports $8.8 Billion in Cryptocurrency and Cash Assets"
