Crypto exchange-traded products (ETPs) experienced significant outflows last week, amounting to $508 million, primarily driven by a $571 million loss in Bitcoin ETFs. Despite cautious investor sentiment surrounding market uncertainties, XRP investment products displayed resilience with $38 million in inflows. The outflows from Bitcoin investment products accounted for most losses, leaving altcoin ETPs, such as XRP, Solana, Ether, and Sui, with either minimal outflows or positive inflows. This trend reflects a broader movement away from Bitcoin in favor of altcoins like XRP, which has seen $819 million of inflows since November 2024. Additionally, BlackRock's iShares ETFs experienced rare losses of $22 million, while ProShares ETFs recorded $38 million in inflows. Regionally, the majority of outflows originated from the US, totaling $560 million, whereas Europe, particularly Germany and Switzerland, continued to attract steady inflows of $30.5 million and $15.8 million, respectively.

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