Crypto funds lost $ 3 billion in just three months

Since October 2025, more than $ 3 billion has been withdrawn from cryptocurrency investment funds, indicating a steady cooling of institutional investors' interest in digital assets. This is stated in a new report by CoinShares, which specializes in analyzing capital flows in crypto funds. The main reason for the outflow is the growing macroeconomic uncertainty and cautious sentiment in the financial markets at the end of the year, analysts say.

In the last reporting week, outflows from crypto funds amounted to $ 172 million, with negative dynamics recorded for the tenth week in a row. The funds focused on Bitcoin BTC $88,908.96 Mezo Wrapped BTC 0.05% Market capitalization $47.46 million VOL. 24 hours $1.05 billion suffered the most, withdrawing $ 155 million during this period. Thus, bitcoin remains the main area of position reduction among large investors, despite its dominance in the market.

Funds related to Ethereum ETH $2,972.49 Bridged Ether (StarkGate) 0.16% Market capitalization $71.62 million VOL. 24 hours $0.95 billion also continued to lose capital: $ 8.6 million was withdrawn from them during the week. At the same time, some alternative assets showed moderate stability. In particular, funds based on Solana SOL $124.71 Binance-Peg SOL -1.01% Market capitalization $0.14 billion VOL. 24 hours $0.31 billion and XRP XRP $1.87 XRP -0.88% Market capitalization $112.97 billion VOL. 24 hours $89.91 million recorded a slight inflow of funds, which analysts attribute to the selective search for opportunities in the altcoin segment amid the general decline.

In the regional context, the largest capital outflows occurred in the United States, where investors withdrew about $ 168 million over the week. Negative dynamics were also observed in Canada and Germany. At the same time, some European countries, such as Switzerland, recorded a small inflow of funds, indicating the unevenness of sentiment between different jurisdictions.

CoinShares analysts note that the current outflows do not necessarily indicate a loss of confidence in cryptocurrencies in the long run. Rather, it is a phase of anticipation and risk reduction, when investors are reconsidering strategies amid tighter monetary policy, geopolitical risks, and regulatory uncertainty. Further dynamics, according to their estimates, will depend on macroeconomic signals and the behavior of traditional financial markets in 2026.