Crypto Funds Bleed $446M as XRP, Solana Defy the Trend

Source: CoinEdition Original Title: Crypto Funds Bleed $446M as XRP, Solana Defy the Trend Original Link: https://coinedition.com/crypto-funds-bleed-446m-as-xrp-solana-defy-the-trend/

Overview

• Weekly crypto fund outflows hit $446M, extending a broader trend since October.
• German investors added $35.7M this week, signaling strategic buying during drawdowns.
• XRP and Solana attract inflows, while Bitcoin and Ethereum continue losing capital.

Digital asset investment products closed the latest week under pressure as investors continued to pull capital from the market. According to CoinShares data, weekly outflows reached $446 million, extending a trend that began after the sharp price decline in early October. Consequently, total withdrawals since that shock now stand at $3.2 billion, reflecting fragile confidence despite relatively strong yearly figures.

Year-to-date inflows still sit at $46.3 billion, only slightly below last year’s $48.7 billion. However, assets under management have risen just 10% during the same period.

Hence, many investors have not achieved positive returns once fund flows and price movements are considered. This imbalance suggests that capital rotation, rather than fresh conviction, continues to define market behavior.

Regional Flows Show Uneven Risk Appetite

Regionally, selling pressure remained widespread. The United States accounted for most of the latest outflows, shedding $460 million in one week. Switzerland also posted modest withdrawals of $14.2 million. These figures indicate ongoing caution among investors in traditionally dominant crypto markets.

However, Germany stood out as a clear exception. The country attracted $35.7 million in weekly inflows and $248 million over the month.

Significantly, this pattern implies that German investors view recent price weakness as a strategic entry point. Besides that, consistent inflows suggest a longer-term allocation approach rather than short-term trading activity.

This divergence highlights how regional sentiment now varies sharply. While some investors reduce exposure to manage risk, others selectively add positions during drawdowns.

XRP and Solana Defy Broader Outflows

Asset-level data further underscores this selective behavior. XRP led weekly inflows with $70.2 million, followed by Solana with $7.5 million. Additionally, both assets have attracted sustained capital since their US ETF launches in mid-October.

Since those launches, XRP products have recorded $1.07 billion in inflows, while Solana products added $1.34 billion. Consequently, these assets have diverged from the broader market trend. Their performance suggests that investors increasingly favor targeted narratives over broad exposure.

In contrast, Bitcoin and Ethereum continued to lose ground. Bitcoin products saw $443 million in weekly outflows, while Ethereum lost $59.5 million. Since the XRP and Solana ETF launches, Bitcoin and Ethereum have recorded cumulative outflows of $2.8 billion and $1.6 billion.