During the week of December 15 to 21, 2025, investment products focused on digital assets experienced a net outflow of $952 million. This marked the first negative result in the past four weeks, according to the report's authors.
Total Outflow from Cryptocurrency Products
CoinShares recorded a net outflow of $952 million for the week, with analysts linking this to the market's negative reaction to delays in passing the Clarity Act in the United States. This is the first weekly negative figure after four consecutive weeks of inflows, highlighting a shift in investor sentiment.
Regional Differences in Capital Movement
The largest contribution to outflows came from the US, where investors withdrew approximately $990 million. Part of this amount was partially offset by inflows from other countries: Canada saw an inflow of $46.2 million, and Germany $15.6 million, leaving the overall balance still negative.
Changes in Assets Under Management
By the end of the period, the total assets under management in cryptocurrency ETPs decreased to $46.7 billion. For comparison, this figure was $48.7 billion in 2024, demonstrating a decline in total assets compared to the previous year.
Outflows from Ethereum and Bitcoin Funds
The largest weekly outflows were recorded in Ethereum-based products—$555 million—although total inflows into ether funds in 2025 remain significant at $12.7 billion versus $5.3 billion the previous year. Bitcoin-focused products also saw an outflow of $460 million, with total inflows into BTC funds in 2025 amounting to $27.2 billion.
Altcoin Support
Despite the overall capital outflow, some altcoins attracted funds: SOL-related products drew $48.5 million, and XRP-based funds attracted $62.9 million. These inflows partially softened the negative weekly balance across total ETPs.
Why This Matters
If you mine in Russia and operate between one and a thousand devices, this data helps understand institutional investor sentiment and current capital redistribution in crypto-based products. Regional outflows and inflows alone do not provide direct action instructions but reflect changes in liquidity and interest across assets, which can affect the availability of investment products and the overall conversion of large capital flows.
What to Do?
- Monitor capital flow reports and regulatory news—they reflect shifts in institutional interest in assets.
- Reassess short-term plans for selling or hedging mined coins, considering potential liquidity volatility on exchanges.
- Divide income: transfer part into assets or fiat that suit you on reliable platforms to reduce operational risks.
- Maintain reserves for electricity and equipment maintenance to endure periods of reduced profitability.
For detailed context and related publications, see the report on the $952 million weekly outflow and the article about capital outflow from Ethereum ETFs, which thoroughly analyzes ether funds. If you are interested in the impact of institutional decisions on BTC price, the article on the influence of reduced institutional investments is useful.