Cryptocurrency funds recorded their first major outflow of $415 million last week. This has ended a 19-week streak of inflows that had accumulated $29.4 billion since the U.S. election. According to CoinShares data, this reversal happened alongside Federal Reserve Chair Jerome Powell’s congressional testimony and higher-than-expected U.S. inflation figures. Crypto funds see first major outflows The total outflows of $415 million show different impacts across different fund managers. iShares ETFs have maintained positive flows of $130 million while Grayscale and Fidelity experienced outflows of $140 million and $282 million respectively. Coming to the geographical distribution, the U.S. markets dominated the outflows with $464 million. European markets have stayed resilient. Germany recorded inflows of $21 million, Switzerland added $12.5 million, and Canada contributed $10.2 million in new investments. Bitcoin suffers the highest outflow Bitcoin was affected majorly as per the data with outflows of $430 million last week. According to CoinShares, this movement appears directly connected to changing interest rate expectations following Federal Reserve Chair Powell’s congressional testimony. Source: CoinShares CoinShares XBT products saw minor outflows of $3 million. However, broader Bitcoin exposure through various ETF providers saw more movements. Month-to-date figures show that Bitcoin products still maintained overall positive flows of $5.56 billion for 2025. Altcoins showed strength during this period, with Solana leading inflows at $8.9 million. This was followed by XRP with $8.5 million and Sui with $6 million. Ethereum, despite showing weekly outflows of $7.2 million, maintains strong month-to-date inflows of $785.8 million. Daily ETF total net inflow hits $66.19 million According to the latest data from SoSoValue, despite the weekly outflows, daily ETF net inflows remain positive at $66.19 million. The Assets Under Management (AUM) stood at $166.34 billion. Looking at provider performance, iShares ETFs/USA maintains the largest AUM at $61.2 billion, followed by Grayscale Investments at $29.8 billion and Fidelity ETFs at $20.4 billion. As per the data, blockchain equities have seen $20.8 million in inflows, bringing year-to-date gains to $220 million. Cryptopolitan Academy: How to Write a Web3 Resume That Lands Interviews - FREE Cheat Sheet