Crypto investment funds got hammered again last week, bleeding $1.17 billion in outflows for the second straight week. Investor confidence is still shaky after that October 10th liquidity shock, and everyone’s nervous about what the Fed will do in December. Despite the carnage, ETP trading volumes stayed strong at around $43 billion, according to CoinShares.
Bitcoin-linked products got crushed with $932 million in outflows, while Ethereum shed $438 million. Short Bitcoin ETPs actually saw renewed interest, pulling in $11.8 million, their highest weekly inflow since May. Thursday briefly looked hopeful when government shutdown talks made progress, but by Friday the negativity returned.
Here’s where things get interesting, though: several altcoins completely ignored the disaster. Solana led the charge with a massive $118 million in inflows, bringing its nine-week total to $2.1 billion. XRP grabbed $28.2 million, Hedera pulled in $26.8 million, and even Hyperliquid and Litecoin saw positive flows.
The regional breakdown shows the US got destroyed with $1.22 billion in outflows. Hong Kong lost $24.5 million, and Sweden shed $18 million. But parts of Europe and Latin America actually saw money come in; Germany posted $41.3 million in inflows, Switzerland captured $49.7 million, and Brazil added $12 million.
Bitcoin bounced back above $105,000 after the Senate funding deal, but QCP Capital says any move above $118,000 will likely trigger more selling from OG holders.
Conclusion
Crypto funds lost $1.17 billion, with Bitcoin shedding $932 million and Ethereum $438 million, while Solana defied the trend with $118 million inflows, and XRP attracted $28.2 million amid regional imbalances.
Also Read: Best Crypto Coins to Buy in 2025
