Digital asset investment products registered Last week there was an outflow of $1.07 billion. This comes as geopolitical tensions linked to Iran-related developments triggered a broader risk movement in the crypto markets, according to a new CoinShares report.
The outflow was the first negative week in seven weeks and the third largest weekly outflow of 2026.
Bitcoin was responsible for the vast majority of withdrawals $982 million at outflow. Ethereum saw another $249 million from investment products, the largest weekly outflow since the end of January.
However, the report also found that investors continued to selectively switch to different altcoins despite broader market weakness.
XRP and Solana attract new inflows
Among the strongest performers:
- XRP included $67.6 million in inflow,
- while Solana put on another $55.1 million.
Several smaller digital assets also continued to see positive flows, including:
- Toncoin on $7.7 million,
- Sui on $4.7 million,
- Ondo up $4.1 million,
- Chainlink op $3.9 million,
- and Dogecoin on $3.2 millionN.
According to CoinShares, the data suggests that investors are increasingly looking beyond Bitcoin and Ethereum for selective exposure rather than abandoning digital assets entirely.
Geopolitical tensions have hit Bitcoin the hardest
CoinShares linked the broader outflow mainly to renewed geopolitical uncertainty surrounding Iran-related developments. It led to an institutional reduction in risks for crypto investment products.
The United States was responsible for almost all negative flows, recording approx $1.14 billion at outflow.
In contrast, several European markets continued to post positive inflows:
- Switzerland saw $22.8 million,
- Germany included $22 million,
- and the Netherlands added $7.5 million.
Canada also posted $12.6 million in the influx during the week.
CLARITY The progress of the law may have weakened the sell-off
The report also noted continued progress around the CLARITY Act as a factor helping to stabilize sentiment despite the broader market pullback.
CoinShares said developments related to US legislation on crypto market structure “appear to be mitigating the broader expression of risk.” It noted that 11 individual digital assets continued to record meaningful inflows during the week.
Reportedly seen on Thursday alone $174 million in positive flows despite the broader weekly sell-off.
Final summary
- Digital asset investment products recorded outflows of $1.07 billion last week, led by nearly $1 billion outflows from Bitcoin products.
- XRP and Solana continued to attract inflows, indicating that investors are switching to selective altcoins rather than abandoning crypto completely.