Last week, crypto investment products saw $288 million in outflows, marking five straight weeks of losses, the longest since US spot Bitcoin ETFs launched in 2024. Despite this, total outflows remain below last year at $4 billion, with trading activity at a low of $17 billion. Bitcoin led the outflows at $215 million, while short-Bitcoin products saw $5.5 million in inflows.

Ether funds also saw outflows of $36.5 million, bringing year-to-date losses to nearly $500 million. XRP and Solana funds had minor inflows of $3.5 million and $3.3 million, respectively. CoinShares reduced the management fee on its CoinShares Bitcoin ETP to 0.15%, down from 0.98%, aiming to increase competitiveness amid weak investor interest.

US spot Bitcoin ETFs saw an increase in trading volume on Friday, with volumes rising to $3.7 billion from $2.4 billion the day before. The day brought in modest inflows of $88 million, but the week still ended in the red with $315.9 million in outflows. Year-to-date outflows for ETFs stand at $4.5 billion after a five-week streak of losses totaling $3.8 billion.

Read more at CoinTelegraph: Bitcoin Funds Lead Weekly Outflows As Short-BTC Inflows Rise