Bitcoin ETFs Bleed $316 Million in 5th Straight Weekly Outflow

Crypto ETF Weekly Recap: Bitcoin, Ether Extend Losing Streak

The week told a familiar story. Capital continued to leave bitcoin and ether exchange-traded funds (ETFs), while altcoin funds quietly attracted fresh money. From Feb. 16 to Feb. 20, spot bitcoin ETFs recorded $315.86 million in net outflows, marking their fifth consecutive week in the red. Over that stretch, cumulative withdrawals have reached $3.8 billion.

The heaviest weekly pressure came from Blackrock’s IBIT (-$303.48 million), which saw sharp midweek redemptions before rebounding on Friday. Fidelity’s FBTC (-$19.60 million) also posted notable swings, including strong inflows to close the week.

Grayscale’s GBTC ($35.97 million) and Bitcoin Mini Trust (-$8.45 million) experienced mixed flows, while Bitwise’s BITB (-$10.29 million), ARK Invest & 21shares’ ARKB (-$8.31 million), and Valkyrie’s BRRR (-$1.70 million) faced intermittent outflows. Despite Friday’s $88 million bounce, the broader trend remained negative.

Ether ETFs followed a similar path. The group logged $123.37 million in net weekly outflows, extending a five-week cumulative decline of $1.4 billion. Blackrock’s ETHA (-$102.05 million) accounted for a large portion of the week’s redemptions, alongside outflows from Grayscale’s Ether Mini Trust (-$7.11 million), Fidelity’s FETH (-$7.88 million), and Bitwise’s ETHW (-$3.34 million). Even with isolated daily inflows, momentum stayed soft.

Altcoins told a different story.

Solana ETFs posted $14.31 million in net inflows for the week. Bitwise’s BSOL ($11.72 million) consistently attracted capital, while Fidelity’s FSOL ($1.46 million), Invesco’s QSOL ($407.83K), and Franklin’s SOEZ ($728.87K) contributed incremental gains. Assets steadily climbed, reflecting sustained investor interest.

XRP ETFs recorded a modest $1.8 million in net inflows. Weekly gains were led by Bitwise’s XRP ($2.52 million) and Franklin’s XRPZ ($1.53 million), although Grayscale’s GXRP (-$2.21 million) saw outflows earlier in the week. Trading volumes remained comparatively light, but flows held positive.

In short, the week reinforced a clear rotation. Bitcoin and ether ETFs extended multi-week outflow streaks despite late-week stabilization, while solana and XRP products captured measured but consistent inflows. The divergence suggests investors are trimming large-cap exposure while selectively allocating to alternative crypto assets.

FAQ 📊

• How did bitcoin ETFs perform during the week of Feb 16–20?
  Bitcoin spot ETFs recorded $315 million in net outflows, marking five consecutive weeks of redemptions totaling approximately $3.8 billion.
• What was the weekly trend for ether ETFs?
  Ether spot ETFs posted $123 million in net outflows for the week, extending a five-week cumulative decline of roughly $1.4 billion.
• Which crypto ETFs saw positive inflows during the week?
  Solana ETFs attracted $14 million in net inflows, while XRP ETFs recorded a modest $1.8 million in positive flows.
• What does this week’s ETF activity signal about market sentiment?
  The data suggests continued caution toward bitcoin and ether exposure, alongside selective investor interest in alternative crypto assets like solana and XRP.