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Crypto funds see $1.67B outflows amid geopolitical tensions, Bitcoin hits largest weekly withdrawal of 2026

Market News
01 Jun 2026, 20:59 WIB
Coindesk
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Bearish
Crypto funds see $1.67B outflows amid geopolitical tensions, Bitcoin hits largest weekly withdrawal of 2026

Crypto investment products experienced $1.67 billion in outflows last week, marking the second-largest weekly withdrawal of 2026, driven mainly by U.S. investors amid rising geopolitical tensions involving Iran and Israel. Bitcoin funds faced the largest hit with a record $1.44 billion outflow, while Ethereum funds also saw significant redemptions. Despite the pullback, some altcoins like XRP and Hyperliquid attracted inflows. Overall, assets under management dropped to $141 billion, the lowest since early April, reflecting increased risk aversion in the market.

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