Black Week Bloodbath: Bitcoin Investment Products Hemorrhage $812 Million as Crypto Market Stabilizes After Triple Dip
Despite a turbulent week with $812 million fleeing crypto investment products, experts remain optimistic as September defies historical trends with over $4 billion in monthly inflows. Is this temporary pain or the start of a larger correction?
A Black Week for Bitcoin and Crypto: Financial Products See $812 Million in Outflows
The cryptocurrency market continues to stabilize but remains in a challenging position following three consecutive price drops last week. This turbulence has significantly impacted crypto investment products, which recorded hundreds of millions of dollars in outflows during this painful period.
$812 Million in Net Outflows from Crypto Investment Products
According to the latest CoinShares report, crypto investment products experienced a total of $812 million in net outflows during the week of September 22, 2025. This negative trend follows two consecutive weeks of positive net flows.
Despite this setback, financial experts emphasize that nearly $39.6 billion in net capital has entered these investment products since the beginning of 2025. Even more remarkably, over $4 billion in inflows has been recorded for September alone—a month that has historically been negative for Bitcoin.
Bitcoin and Ethereum ETFs Lead the Outflows
Unsurprisingly, Bitcoin-based products recorded the largest outflows. They suffered $719 million in net outflows last week. However, despite this negative performance, Bitcoin ETFs and other investment products still maintain approximately $3.2 billion in net inflows for the month of September.
Ethereum-based products weren't spared either, experiencing $409 million in outflows. The monthly picture remains positive, though with less margin than Bitcoin, showing over $86 million in net inflows for September despite last week's poor performance.
Solana and Ripple's XRP Buck the Downward Trend
Not all cryptocurrencies suffered during this turbulent period. In contrast to the market leaders, financial products based on Solana (SOL) and Ripple's XRP actually recorded positive net flows!
SOL funds registered an impressive $291 million in inflows for the week (bringing the monthly total to +$628 million), while XRP-based products attracted over $93 million in net inflows (accumulating nearly +$211 million in September).
Market Recovery and Future Outlook
As of Monday, September 29, 2025, the crypto asset market appears to be slowly recovering from last week's downturn, with Bitcoin successfully climbing back above $113,000. Many analysts remain optimistic about the final quarter of the year, with renowned investor Raoul Pal even predicting that Bitcoin could reach $200,000 by the end of 2025.
This recovery suggests that the recent outflows may represent a temporary market correction rather than a fundamental shift in investor sentiment. The substantial year-to-date inflows of nearly $40 billion indicate that institutional and retail interest in cryptocurrency investment products remains robust despite periodic volatility.
Contextualizing the Market Movement
While a $812 million outflow appears significant in isolation, it's important to view this figure within the broader context of the market's performance this year. The crypto market has demonstrated remarkable resilience in 2025, with Bitcoin ETFs in particular attracting substantial institutional capital.
The contrasting performance between the market leaders (Bitcoin and Ethereum) and altcoins like Solana and XRP also highlights an interesting shift in investor behavior. This diversification of capital flows could indicate a maturing market where investors are becoming more selective in their crypto allocations rather than treating the entire asset class as a monolithic entity.
As the market continues to recover from last week's turbulence, investors will be watching closely to see if the positive momentum can be maintained through the final quarter of 2025.