Digital asset funds have continued to bleed, with a fifth consecutive week of outflows recording $288 million in weekly redemptions. This has led to aggregate withdrawals of $4 billion, which is lower than the $6 billion logged last year.
The market participation has thinned significantly, with ETP trading hitting its lowest since July 2025 at $17 billion. Despite some altcoins attracting limited inflows, the persistent net outflows across altcoins have weighed heavily on the market.