CoinShares reports that institutional investors sold off $1.07 billion worth of Bitcoin and other crypto assets in a single week.
This week saw the first decrease in funds after seven weeks of gains, marking the third-largest weekly drop so far this year.
Bitcoin was responsible for the majority of recent selling, with $982 million in outflows. Ethereum also experienced significant outflows, totaling $249 million – its largest weekly drop since January 30th.
Altcoins performed relatively well, with investors adding $67.6 million to XRP and $55.1 million to Solana.
Nearly all the selling came from the US, with $1.14 billion in investments moving out. Europe, on the other hand, saw investments coming in, particularly with $22.8 million flowing into Switzerland and $22 million into Germany.
Assets managed by the company decreased from $159 billion to $157 billion. So far this year, Bitcoin products have seen $3.9 billion in investments.
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2026-05-19 10:23