Crypto ETPs saw $1.47 billion in outflows last week led by US-listed spot Bitcoin ETFs, while XRP and Solana posted inflows above $1 million.

A bruising week for crypto ETFs saw a sharp shift in institutional sentiment, with bitcoin ETFs suffering more than $1.2 billion in outflows.

Digital asset investment products saw $1.07B in weekly outflows per CoinShares, with Bitcoin losing $982M. XRP and Solana bucked the trend with modest inflows.