Crypto ETPs see 4th straight week of outflows, totaling $876M — CoinShares

Cryptocurrency exchange-traded products (ETPs) recorded a fourth straight week of outflows, with $876 million in losses during the past trading week.
After posting record weekly outflows of $2.9 billion last week, crypto ETPs continued their downward trend, bringing the four-week total outflows to $4.75 billion, CoinShares reported on March 10.
While the pace of outflows slowed, investor sentiment remained bearish, according to James Butterfill, head of research at CoinShares.
The analyst also suggested that the market has shown signs of capitulation.
Bitcoin ETP selling accounted for 86% of total outflows
Bitcoin (BTC) ETPs were the primary driver of outflows, accounting for $756 million, or 85% of last week’s total. Short-Bitcoin ETPs also saw outflows of $19.8 million, the most since December 2024.
With cumulative outflows reaching $4.75 billion over the past four weeks, the year-to-date inflows dropped to $2.6 billion.
Weekly crypto ETP flows since late 2024. Source: CoinShares
Total assets under management (AUM) declined by $39 billion to $142 billion, the lowest point since mid-November 2024, driven by both negative price movements and sustained outflows, Butterfill noted.
Most altcoins shared bleeding sentiment
This bearish sentiment was also observed among a wide range of altcoins last week, with Ether (ETH) ETPs seeing $89 million of outflows.
Tron (TRX) and Aave (AAVE) were also among the most notable ETP losers, seeing $32 million and $2.4 million in outflows, respectively, according to the report.
Flows by asset (in millions of US dollars). Source: CoinShares
Conversely, Solana (SOL), XRP (XRP) and Sui (SUI) continued to see inflows totaling $16.4 million, $5.6 million and $2.7 million, respectively, Butterfill wrote.
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Bitcoin (BTC) $ 109,258.00
Ethereum (ETH) $ 2,595.48
Tether (USDT) $ 1.00
XRP (XRP) $ 2.27
BNB (BNB) $ 662.00
Solana (SOL) $ 155.40
USDC (USDC) $ 0.999833
TRON (TRX) $ 0.284232
Dogecoin (DOGE) $ 0.174138
Lido Staked Ether (STETH) $ 2,593.76
Cardano (ADA) $ 0.603590
Wrapped Bitcoin (WBTC) $ 109,220.00
Hyperliquid (HYPE) $ 40.51
Wrapped stETH (WSTETH) $ 3,124.19
Sui (SUI) $ 3.04
Bitcoin Cash (BCH) $ 504.49
Chainlink (LINK) $ 13.84
LEO Token (LEO) $ 9.00
Avalanche (AVAX) $ 19.12
Stellar (XLM) $ 0.244809
USDS (USDS) $ 0.999814
Toncoin (TON) $ 2.91
Shiba Inu (SHIB) $ 0.000012
WETH (WETH) $ 2,595.54
Litecoin (LTC) $ 90.11
Hedera (HBAR) $ 0.159818
Wrapped eETH (WEETH) $ 2,779.87
WhiteBIT Coin (WBT) $ 43.70
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Monero (XMR) $ 325.80
Polkadot (DOT) $ 3.64
Bitget Token (BGB) $ 4.61
Ethena USDe (USDE) $ 1.00
Coinbase Wrapped BTC (CBBTC) $ 109,329.00
Uniswap (UNI) $ 7.68
Pepe (PEPE) $ 0.000011
Aave (AAVE) $ 280.96
Pi Network (PI) $ 0.498249
Dai (DAI) $ 0.999894
Ethena Staked USDe (SUSDE) $ 1.18
Aptos (APT) $ 4.82
Bittensor (TAO) $ 342.69
OKB (OKB) $ 49.99
NEAR Protocol (NEAR) $ 2.34
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Jito Staked SOL (JITOSOL) $ 188.62
Internet Computer (ICP) $ 5.11
Ethereum Classic (ETC) $ 17.20
Cronos (CRO) $ 0.083123
Ondo (ONDO) $ 0.804100
USD1 (USD1) $ 1.00
sUSDS (SUSDS) $ 1.06
Kaspa (KAS) $ 0.080314
Mantle (MNT) $ 0.588613
Cosmos Hub (ATOM) $ 4.25
Artificial Superintelligence Alliance (FET) $ 0.742379
Tokenize Xchange (TKX) $ 24.03
Gate (GT) $ 15.78
VeChain (VET) $ 0.022216
Fasttoken (FTN) $ 4.42
Official Trump (TRUMP) $ 9.01
Arbitrum (ARB) $ 0.358272
Sky (SKY) $ 0.083099
Render (RENDER) $ 3.40
Ethena (ENA) $ 0.285184
POL (ex-MATIC) (POL) $ 0.192080
Lombard Staked BTC (LBTC) $ 109,018.00
Filecoin (FIL) $ 2.43
Worldcoin (WLD) $ 0.973622
Algorand (ALGO) $ 0.187396
Sei (SEI) $ 0.286043
Binance-Peg WETH (WETH) $ 2,594.43
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.56
First Digital USD (FDUSD) $ 0.998176
USDtb (USDTB) $ 0.999788
Jupiter (JUP) $ 0.477507
Binance Staked SOL (BNSOL) $ 164.43
KuCoin (KCS) $ 11.17
Bonk (BONK) $ 0.000017
USDT0 (USDT0) $ 1.00
Rocket Pool ETH (RETH) $ 2,956.36
NEXO (NEXO) $ 1.21
SPX6900 (SPX) $ 1.28
TNQ (TNQ) $ 10.26
Fartcoin (FARTCOIN) $ 1.19
Kelp DAO Restaked ETH (RSETH) $ 2,720.38
Flare (FLR) $ 0.017211
Injective (INJ) $ 11.89
Celestia (TIA) $ 1.64
Virtuals Protocol (VIRTUAL) $ 1.68
Sonic (S) $ 0.337583
Stacks (STX) $ 0.704666
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
Optimism (OP) $ 0.585877
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999931
Mantle Staked Ether (METH) $ 2,769.96
XDC Network (XDC) $ 0.060465
StakeWise Staked ETH (OSETH) $ 2,724.45
Kaia (KAIA) $ 0.164668
Pudgy Penguins (PENGU) $ 0.015290