Cryptocurrency 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 the market at relatively low levels. The overall downward trend in the market 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 According to the CoinShares Digital Asset Fund Flows report, a total of $876 million was withdrawn from funds just last week. Investor confidence notably weakened in the U.S., resulting in an outflow of $922 million from this region. However, inflows from Europe and Canada remained limited.

Bitcoin-focused investment funds saw an outflow of $756 million in line with the overall negative trend in the market. On the other hand, funds selling Bitcoin also experienced a withdrawal of $19.8 million, marking the largest outflow for these types of funds since December 2024. Ethereum (ETH) investment products also continued their negative trend with an outflow of $89 million. However, increased investor interest was observed in altcoins like Solana (SOL), XRP, and Sui (SUI). Inflows of $16.4 million to Solana-based funds, $5.6 million to XRP, and $2.7 million to Sui were recorded.

Despite the decline in fund flows, cryptocurrency prices are still above pre-November 2024 election levels. Bitcoin has risen by over 21% since November 5th, while the CoinDesk 20 Index has shown an approximately 30% increase during 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 shaping market trends in the near future.