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Crypto ETP Outflows Reach $1.17 Billion for Second Straight Week as Bitcoin and Ether Lead Losses

Uncertainty over a December rate cut linked to the U.S. shutdown is driving a risk‑off tilt.

Overview

  • Two weeks of redemptions now total roughly $1.5 billion, cutting crypto ETP assets under management to about $207.5 billion from early October’s peak above $254 billion.
  • Bitcoin products lost $932 million last week and Ether funds shed $438 million, accounting for the bulk of withdrawals.
  • Solana products brought in $118 million for the week and roughly $2.1 billion across nine weeks, while XRP added $28 million and Hedera drew $27 million.
  • Trading volumes held near $43 billion for the week as investors actively repositioned, and short‑Bitcoin ETPs attracted $11.8 million, the largest weekly intake since May 2025.
  • CoinShares attributes the pullback to fallout from the October 10 flash crash, uncertainty over a potential December Fed cut, and disruption from the prolonged U.S. government shutdown.