Crypto investment funds experienced continuous outflows over the past four weeks, resulting in a total withdrawal of $4.75 billion. The majority of these outflows came from U.S. investors, while investors in Europe and Canada continued to enter at relatively lower levels. The overall market trend of decline largely erased the gains following Donald Trump’s victory in the U.S. presidential elections, leading to a decrease in assets under management (AUM) by $39 billion to $142 billion. According to CoinShares’ Digital Asset Fund Flows report, there was a withdrawal of $876 million from funds just last week. Investor confidence in the U.S. significantly weakened, resulting in a total outflow of $922 million from this region. However, inflows from Europe and Canada remained more limited.

$756 million was withdrawn from Bitcoin-focused investment funds in line with the negative trend prevailing in the market. Additionally, funds shorting Bitcoin experienced a withdrawal of $19.8 million. This marked the largest outflow for such funds since December 2024. Ethereum (ETH) investment products continued their negative trend with a withdrawal of $89 million. Yet, there was an increase in investor interest in altcoins like Solana (SOL), XRP, and Sui (SUI). Investments of $16.4 million flowed into Solana-based funds, $5.6 million into XRP, and $2.7 million into Sui.

Despite the downturn in fund flows, cryptocurrency prices still remain above pre-November 2024 election levels. Bitcoin has risen by over 21% since November 5, while the CoinDesk 20 Index has shown an increase of around 30% in the same period. As investors’ long-term expectations and the overall market direction remain uncertain, whether fund outflows will continue and investor confidence will be restored will be key factors determining market trends in the upcoming period.