Bitcoin ETPs just recorded their largest weekly outflow of 2026 at $1.44 billion as crypto funds bled $1.67 billion overall. Token Metrics technicals on BTC read bearish with the trend flipping down and momentum running weak. The market now sits near $72,000 with first support at about $68,500 and total assets under management dropping to $141 billion. The lowest since early April.<\/p>\n
Crypto investment products just extended losses to three straight weeks. The market hasn’t seen this much selling pressure since early in the year. Total outflows over the past three weeks hit $4.21 billion. Assets under management fell to $141 billion. The lowest level since early April according to CoinShares research<\/a>.<\/p>\n The US dominated the selling. Bitcoin funds led the charge with massive withdrawals. Ether funds continued their own bleeding. Altcoin participation basically collapsed. Only five assets recorded substantial inflows above $1 million, down from previous levels of broader market interest.<\/p>\n James Butterfill, CoinShares head of research, pointed to an Iran-related risk-off move driving the outflows. He said the pattern reminds him of the January-February episode that delivered five straight negative weeks. Any potential cushion from CLARITY Act<\/a> progress got overwhelmed by the selling pressure.<\/p>\n\t\t