Global crypto funds have seen a substantial withdrawal of $2 billion from exchange-traded products (ETPs) in just one week, marking the third consecutive week of outflows totaling $3.2 billion. Major asset managers like BlackRock, Grayscale, and Fidelity reported their largest weekly withdrawals since February. Bitcoin and Ethereum ETPs experienced the most significant outflows, with U.S. investors responsible for 97% of the global retreat. In contrast, German investors injected $13.2 million into digital asset ETPs, indicating a more opportunistic stance during the market downturn.