Digital asset investment products extended their losing streak last week as investors pulled more capital from the market. According to Coinshares data, fund flows recorded $288 million in outflows, marking the fifth straight week of redemptions.
Consequently, cumulative withdrawals now total $4.0 billion over the period. That figure remains below the $6 billion seen during the same stretch last year. However, trading activity dropped sharply, signaling weakening participation across exchange-traded products.
US Outflows Dominate While Europe Buys the Dip
US investors led the retreat, accounting for $347 million in outflows. Hence, regional divergence became more visible as sentiment split across markets. Investors in Switzerland, Canada, and Germany added fresh capital during the downturn.
Switzerland attracted $19.5 million, while Canada and Germany brought in $16.8 million and $16.2 million respectively. Additionally, other regions recorded smaller inflows that offset part of the US-driven weakness.
Trading volumes fell to $17 billion, the lowest level since July 2025. Significantly, that decline followed several weeks of unusually high activity.
The drop suggests many investors now wait on the sidelines. Moreover, weaker participation often reflects uncertainty around short-term price direction.
Bitcoin Leads Outflows; Short Products Gain Interest
Bitcoin products absorbed $215 million in redemptions, reinforcing its role as the main driver of negative sentiment. However, short-bitcoin products recorded $5.5 million in inflows. That marked the strongest relative demand among listed assets. Ethereum followed with $36.5 million in outflows, while multi-asset products and Tron lost $32.5 million and $18.9 million.
Some altcoins showed resilience. XRP attracted $3.5 million in inflows, while Solana and Chainlink drew $3.3 million and $1.2 million. Nevertheless, those gains failed to reverse the broader negative trend across the sector.
Solana Holds Critical Levels Amid Volatility
Solana traded near $80 after declining 4.15% over 24 hours. The token also dropped 6.83% during the past week. Market capitalization stands near $45.6 billion with 570 million SOL in circulation. Consequently, investors now watch key technical levels closely.
Man of Bitcoin identified $68.02 as immediate horizontal support. As long as that level holds, he sees room for an ABC corrective rally. He also noted that $61.64 remains the critical level to protect the broader wave-4 structure. Additionally, resistance appears near $100 and then around $120.
However, a decisive break below $68.02 could expose $61.64 quickly. Loss of that support may open downside risk toward $53 and possibly $40.
Source: https://coinpaper.com/14846/solana-holds-68-as-us-crypto-funds-bleed-288-m