Global crypto markets faced another round of market shake-ups last week as fears over the U.S. Federal Reserve action fueled massive investor withdrawals. According to CoinShares, digital asset investment products suffered $1.43 billion in outflows, the largest since March.
As per the report, trading volumes in exchange-traded products surged to $38 billion, nearly 50% above the 2025 average. Investors initially dumped $2 billion early in the week. Jerome Powell’s more lenient remarks at Jackson Hole caused a reversal and the return of $594 million to the market.
Ethereum Shows Resilience Over Bitcoin
The recent outflows have highlighted a divide between Bitcoin and Ethereum. Bitcoin experienced a $1 billion exit from its products, while Ethereum kept its losses to a more modest $440 million.
Notably, Ethereum has seen $2.5 billion in net inflows so far this month. Bitcoin, on the other side, outflow stands at $1 billion. This means that year-to-date, Ethereum has attracted 26% of assets under management, compared to Bitcoin’s 11%.
As for altcoins, their performance has been all mixed. Solana made $12 million, Cronos contributed $4.4 million, and XRP earned $25 million. Sui and Ton, two more recent projects, have had trouble, with outflows of $12.9 million and $1.5 million, respectively.
ETF Flows Underscore Market Shift
According to the Blockchain analytic platform Lookonchain data on X, as of today, 10 Bitcoin ETFs collectively gained only 41 BTC, which is about $4.73 million.
In contrast, nine Ethereum ETFs saw a much larger influx, absorbing 61,425 ETH, totaling around $285.19 million. Notably, BlackRock’s iShares contributed highly, adding 24,461 ETH to its holdings, which now stand at 762,135 ETH valued at $3.54 billion.
Moreover, the broader ETF landscape is also shifting. According to ETF Tracker, the United States now hosts more ETFs than listed stocks. Around 4,300 ETFs exist against roughly 4,200 public companies. This milestone indicates the rise of ETFs as investor tools.
As per the latest data, it seems investors are pulling money from Bitcoin and putting more into Ethereum and a few altcoins. Still, the Fed’s moves remain the biggest influence on where the money goes.
Also Read: BitMine Expands Ethereum Treasury to 1.71M ETH Worth $7.9B
