##  [# Record Outflows For Ether Funds](/sections/bitcoin-crypto/record-outflows-ether-funds) 

 

# Record Outflows For Ether Funds

 

 

Digital asset investment products saw a second consecutive week of outflows totaling $21 million.



 

 

 

 

 [![JamesButterfill310x310](/sites/default/files/styles/author_image_icon/public/2023-08/JamesButterfill310x310.png?itok=uNqgiAyR)](/contributors/james-butterfill) 

[By James Butterfill](/contributors/james-butterfill)

 Jun 14, 2021

 Edited by: James Butterfill

 

 

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**Takeaways**

- Digital asset investment products saw a second consecutive week of outflows totalling US$21m.
- While sentiment has weakened over the last month, investors on the whole remain committed given the magnitude of inflows seen this year, which represent 13% of AuM or US$5.8bn, nearly matching the US$6.7bn for the whole of 2020.
- Ethereum had the largest outflows on record last week, totalling US$12.7m. Ethereum has been the stalwart relative to Bitcoin over recent months, but inflows over the course of last week were mixed, implying mixed opinions amongst investors.

![](/sites/default/files/images/charts/RecordsOutflows_1.jpg)

![](/sites/default/files/images/charts/RecordsOutflows_Table1.jpg)

![](/sites/default/files/images/charts/RecordsOutflows_Table2.jpg)

Digital asset investment products saw a second consecutive week of outflows totalling US$21m. This brings total weekly outflows since mid-May to US$267m, representing 0.6% of total assets under management (AuM). While sentiment has weakened over the last month. investors on the whole remain committed given the magnitude of inflows seen this year, which represent 13% of AuM or US$5.8bn, nearly matching the US$6.7bn for the whole of 2020.

Ethereum had the largest outflows on record last week, totalling US$12.7m. Ethereum has been the stalwart relative to Bitcoin over recent months, but inflows over the course of last week were mixed, implying mixed opinions amongst investors.

The outflows in Bitcoin cooled last week, totalling US$10m, significantly less than the previous record week of US$141m. Trading activity in Bitcoin investment products rose by 43% compared to the previous week.

XRP saw minor outflows totalling US$2.8m last week following a six-week run of inflows totalling US$21m.

Other digital asset investment product saw minor inflows, notably from Cardano (US$1.7m) and Stellar (US$1m).

![](/sites/default/files/images/charts/RecordsOutflows_2.jpg)

![](/sites/default/files/images/charts/RecordsOutflows_3.jpg)

![](/sites/default/files/images/charts/RecordsOutflows_4.jpg)

![](/sites/default/files/images/charts/RecordsOutflows_5.jpg)

![](/sites/default/files/images/charts/RecordsOutflows_6.jpg)

![](/sites/default/files/images/charts/RecordsOutflows_7.jpg)

*Contact James Butterfill at [research@coinshares.com](mailto:research@coinshares.com "Follow link")*



 

 

 [ James Butterfill Head of Research and Investment Strategy ](/contributors/james-butterfill) 

 

 

  James Butterfill has over 19 years of experience in fund management, investment banking, economics and asset allocation, gained most recently as an…   [View Bio](/contributors/james-butterfill)

 



 

 


 Related Topics  [Crypto](http://www.etf.com/topics/cryptocurrency) 

 [Bitcoin](http://www.etf.com/topics/bitcoin)