Криптовалютные фонды переживают крупнейший отток средств с ноября 2025 года Translation: Headline: Cryptocurrency Funds Experience Largest Outflow of Capital Since November 2025

From January 17 to 23, cryptocurrency investment products experienced a capital outflow totaling $1.73 billion, marking the worst figure since mid-November 2025, according to a report by CoinShares.

Analysts have attributed the sell-off to worsening expectations regarding interest rate cuts. Additional pressure stemmed from negative price momentum and investor disappointment in the protective qualities of digital assets.

The primary driver of the outflow was the United States, where domestic participants withdrew nearly $1.8 billion from the market. Minimal selling activity was noted in Sweden and the Netherlands.

In other regions, market participants took the opportunity to buy the dip. Switzerland, Germany, and Canada collectively invested $85.1 million in crypto funds, establishing long positions.

In terms of assets, Bitcoin suffered the most.

The outflow from products based on the leading cryptocurrency reached $1.09 billion. Instruments allowing short positions on digital gold attracted a modest $0.5 million.

Ethereum funds incurred losses of $630 million, while products based on XRP saw outflows of $18.2 million.

Contrary to the overall trend, Solana finished the week positively with an inflow of $17.1 million. BNB ($4.6 million) and Chainlink ($3.8 million) also exhibited positive dynamics.

It is worth recalling that from January 10 to 16, inflows into cryptocurrency investment products amounted to $2.17 billion.