CoinShares reports $187M crypto ETP outflows as weekly volumes hit $63.1B record

Crypto exchange-traded products saw $187 million of weekly outflows, while trading activity climbed to a record $63.1 billion. Selling pressure moderated after recent declines, even as Bitcoin briefly touched $60,000 on Coinbase. Bitcoin products led withdrawals; XRP drew $63 million of inflows, with smaller gains for Ether ($5.3 million) and Solana ($8.2 million).