Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows

Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows Investors pulled $1.67 billion from digital asset investment products last week, with bitcoin funds posting their largest weekly outflow of the year, according to a recent report from CoinShares. By Helene Braun , AI Boost | Edited by Nikhilesh De Jun 1, 2026, 5:59 p.m. 2 min read Make preferred on (Getty Images) What to know : Crypto investment products saw $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026, bringing three-week redemptions to $4.21 billion. The pullback, driven largely by U.S. investors amid rising geopolitical tensions involving Iran and Israel, pushed assets under management down to about $141 billion, the lowest since early April. Bitcoin funds bore the brunt with a record $1.44 billion weekly outflow and sharply reduced year-to-date inflows, while Ethereum products also saw heavy redemptions and only a handful of altcoins, led by XRP, attracted notable new money. Crypto investment products recorded their second-largest weekly outflow of 2026 by the end of May, with investors pulling $1.67 billion from digital asset funds as geopolitical tensions and a broader risk-off mood weighed on markets, according to a report from CoinShares.