Massive outputs in investment products in digital assets show that a «wave of negative feeling» persists. This is stated by a new report by the Coinshares research firm.
According to the company, Investment products in digital assets had exits from USD 795 million Last week, marking its third consecutive week of retreats. In this way, this sales trend is reinforced that, although it was broken, has prevailed mostly since the beginning of February.
The exits rise to USD 7.2 billion since the beginning of February, which has eliminated almost all of the entries of the year. Currently, products show net tickets for just USD 165 million so far from 2025.
However, a pricing rebound at the end of the week helped raise the total assets under management (AUM) to USD 130,000 million. This impulse was given after the temporary pause of tariffs on imports in the United States ordered by President Donald Trump.
In tune to this behavior, the price of Bitcoin showed some recovery after playing the USD 73,000 last week, its lowest level in four months. At the time of this wording, it is quoting around USD 83,800, 23% less than its USD 109,000 record reached three months ago, as the following graph exhibits.
In other words, Coinshares points out that The recent tariff activity continues to weigh on the feeling towards this kind of assets.
Uncertainty in the Bitcoin and cryptocurrency market reigns
The investment products in digital assets most affected last week were those of bitcoin (BTC), with net exits of USD 751 million. Even so, in the accumulated of the year, they keep net tickets for USD 545 million.
Coinshares points out that the outputs were observed in a great diversity of countries and suppliers, indicating that the negative feeling is still generalized. Although, more than bassist, it reflects uncertainty, since the products that bet on the BTC price drop also suffered outputs.
The investment products in digital assets that followed in departures to those of Bitcoin were those of Ether (ETH), the cryptocurrency of Ethereum. These received withdrawals the last week of USD 37.6 million.
Then, solana (sun) products continued with USD 5.1 million outings, AAVE per USD 0.78 million and SUI for USD 0.58 million. This can be seen in the following graph.

On the other hand, there were some with exposure to other cryptoactives who saw tickets, led by XRP, with USD 3.5 million. Positive flows were also reported in Ondo, with USD 0.46 million, in Algorand (something), with USD 0.25 million, and in Avalanche (AVAX), also with USD 0.25 million.
A wave that will eventually end
Despite this scenario, it is crucial to keep in mind that every wave of feeling, whether positive or negative as the current case, has an end. Therefore, it is reasonable Wait for an eventual change towards a better scenario for assets that show solid foundations.
«The expectation is that at one time the bull market (Alcista Cycle), ”said the CEO of Exchange Belo, Manuel Beaudroit. As indicated to Cryptonoths, he considers that Trump’s rates has put to imports are postponing the growth of the Bitcoin market.
In this sense, a change of feeling could materialize if Trump’s tariff policy does not end up generating the adverse effects that many fear, such as inflation or recession. In this sense, if these risks are deactivated, the market could recover part of the lost trust and reverse the output trend observed since February.
Nevertheless, If the market outputs are followed, there is a risk of price relapsesso it will be key how the macroeconomic environment continues.