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.
Magazine: MegaETH launch could save Ethereum… but at what cost?
Bitcoin (BTC) $ 118,084.00
Ethereum (ETH) $ 3,740.60
XRP (XRP) $ 3.51
Tether (USDT) $ 1.00
BNB (BNB) $ 752.75
Solana (SOL) $ 181.00
USDC (USDC) $ 0.999901
Dogecoin (DOGE) $ 0.274684
Lido Staked Ether (STETH) $ 3,723.46
Cardano (ADA) $ 0.865088
TRON (TRX) $ 0.317533
Wrapped stETH (WSTETH) $ 4,517.25
Hyperliquid (HYPE) $ 46.62
Wrapped Bitcoin (WBTC) $ 117,870.00
Stellar (XLM) $ 0.470458
Sui (SUI) $ 3.93
Chainlink (LINK) $ 19.39
Hedera (HBAR) $ 0.277279
Bitcoin Cash (BCH) $ 548.44
Avalanche (AVAX) $ 25.18
Wrapped eETH (WEETH) $ 3,991.74
Shiba Inu (SHIB) $ 0.000016
Litecoin (LTC) $ 117.26
WETH (WETH) $ 3,731.80
LEO Token (LEO) $ 8.99
Toncoin (TON) $ 3.28
Polkadot (DOT) $ 4.51
USDS (USDS) $ 0.999973
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
WhiteBIT Coin (WBT) $ 44.55
Coinbase Wrapped BTC (CBBTC) $ 118,092.00
Uniswap (UNI) $ 10.58
Ethena USDe (USDE) $ 1.00
Pepe (PEPE) $ 0.000014
Monero (XMR) $ 326.22
Bitget Token (BGB) $ 4.97
Aave (AAVE) $ 326.47
Bittensor (TAO) $ 424.83
Cronos (CRO) $ 0.122138
Ethereum Classic (ETC) $ 24.77
NEAR Protocol (NEAR) $ 3.01
Dai (DAI) $ 1.00
Ethena Staked USDe (SUSDE) $ 1.18
Aptos (APT) $ 5.36
Pi Network (PI) $ 0.449934
Ondo (ONDO) $ 1.06
Internet Computer (ICP) $ 6.00
Ethena (ENA) $ 0.501093
OKB (OKB) $ 49.40
Jito Staked SOL (JITOSOL) $ 220.63
Mantle (MNT) $ 0.807505
Bonk (BONK) $ 0.000034
Kaspa (KAS) $ 0.098062
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Algorand (ALGO) $ 0.295950
Arbitrum (ARB) $ 0.490699
VeChain (VET) $ 0.028816
Cosmos Hub (ATOM) $ 5.21
POL (ex-MATIC) (POL) $ 0.252866
Render (RENDER) $ 4.40
Binance-Peg WETH (WETH) $ 3,744.18
USD1 (USD1) $ 1.00
Worldcoin (WLD) $ 1.25
Official Trump (TRUMP) $ 10.69
Sei (SEI) $ 0.363672
Gate (GT) $ 17.71
Artificial Superintelligence Alliance (FET) $ 0.804261
Pudgy Penguins (PENGU) $ 0.031449
Filecoin (FIL) $ 2.92
Fasttoken (FTN) $ 4.51
SPX6900 (SPX) $ 1.96
Sky (SKY) $ 0.085114
Binance Staked SOL (BNSOL) $ 193.08
Kelp DAO Restaked ETH (RSETH) $ 3,918.83
sUSDS (SUSDS) $ 1.06
Rocket Pool ETH (RETH) $ 4,262.64
Jupiter (JUP) $ 0.563772
Lombard Staked BTC (LBTC) $ 117,698.00
XDC Network (XDC) $ 0.100105
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.00
Celestia (TIA) $ 2.17
KuCoin (KCS) $ 12.05
Pump.fun (PUMP) $ 0.004308
First Digital USD (FDUSD) $ 0.997058
Injective (INJ) $ 14.97
Flare (FLR) $ 0.020910
Fartcoin (FARTCOIN) $ 1.45
USDtb (USDTB) $ 0.999747
Story (IP) $ 4.85
StakeWise Staked ETH (OSETH) $ 3,927.52
Stacks (STX) $ 0.878380
Optimism (OP) $ 0.791761
FLOKI (FLOKI) $ 0.000142
Mantle Staked Ether (METH) $ 3,987.96
USDT0 (USDT0) $ 0.999864
Liquid Staked ETH (LSETH) $ 4,033.13
Curve DAO (CRV) $ 0.967856
NEXO (NEXO) $ 1.34
Sonic (S) $ 0.399494
Renzo Restaked ETH (EZETH) $ 3,934.72