Crypto Funds See Second-Largest Outflows of 2026 as XRP and HYPE Buck the Trend

Crypto investment products experienced their second-largest weekly outflows of 2026, totaling $1.2 billion, according to the latest report from CoinShares. The bearish sentiment was widespread, with Bitcoin (BTC) and Ethereum (ETH) funds leading the exodus. However, a notable divergence occurred as XRP and HYPE-focused funds attracted significant inflows, suggesting selective investor confidence. The outflows were primarily attributed to profit-taking and macroeconomic uncertainty, yet the inflows into XRP and HYPE indicate that specific altcoins are still viewed as strong investment opportunities. This mixed performance highlights a cautious but not entirely pessimistic market outlook, with capital rotating from major assets into niche plays. The data underscores the ongoing volatility in the crypto fund sector, where institutional flows remain sensitive to broader economic signals and project-specific developments.