Crypto fund outflows are accelerating: Crypto ETFs posted -$1.5 billion in outflows last week, the largest weekly outflow since February. This follows -$1.1 billion withdrawn in the preceding week, bringing the 2-week total to -$2.6 billion, the 3rd largest in at least a year. Bitcoin again led the outflows at -$1.3 billion, the largest weekly sale of 2026. This was followed by Ethereum at -$223 million, bringing the 2-week total to -$472 million. As a result, Bitcoin year-to-date inflows are down to +$2.6 billion. Crypto market momentum has stalled again.(The Kobeissi Letter)