Regulatory Delays Trigger $952M Exodus from US Crypto Funds
In the week ending December 22, 2025, digital asset investment products experienced $952 million in outflows. US-based products accounted for most of these redemptions, totaling $990 million, with significant withdrawals from Ethereum products at $555 million and Bitcoin products at $460 million. Conversely, Solana and XRP investment products recorded inflows of $48.5 million and $62.9 million, respectively. Meanwhile, Canadian and German crypto products saw modest inflows of $46.2 million and $15.6 million, which helped to partly offset the outflows seen in the US market.
CoinShares attributes the shift primarily to delays in passing the US Clarity Act alongside ongoing concerns about whale selling. Despite these outflows, Bitcoin's price remained around $90,000, with daily ETF net flows turning negative after a prior large inflow. Market sentiment received some support from Myriad prediction market bets anticipating a move to $100,000. Total assets under management across digital asset funds stood at $46.7 billion, down from $48.7 billion at the end of 2024.