Bitcoin ETFs Lose $166 Million in Third Straight Day of Outflows

Solana and XRP Gain as Bitcoin, Ether Slide Again

Another day, another wave of redemptions for bitcoin funds. Thursday, Feb. 19 saw spot bitcoin ETFs recorded $165.76 million in net outflows, marking their third straight day in the red.

The pressure was overwhelmingly concentrated in Blackrock’s IBIT, which alone accounted for $164.06 million in exits. Valkyrie’s BRRR posted a smaller $1.70 million outflow. Despite steady trading activity of $2.40 billion, total net assets across bitcoin ETFs settled at $84.37 billion.

Ether ETFs faced even heavier selling relative to their size. The segment logged $130.19 million in outflows. Blackrock’s ETHA led the decline with $96.80 million in redemptions, followed by Grayscale’s Ether Mini Trust at $18.44 million, Fidelity Investments’s FETH at $11.62 million, and Bitwise’s ETHW with $3.34 million in outflows. Trading volume reached $677.01 million, and net assets edged down to $11 billion.

In contrast, XRP ETFs attracted fresh capital. The category posted $4.05 million in net inflows, driven primarily by Bitwise’s XRP with $2.52 million and Franklin’s XRPZ adding $1.53 million. Total value traded stood at $7.98 million, with net assets closing at $1.01 billion.

Solana ETFs also extended their recent momentum. The group saw $5.94 million in inflows, led by Bitwise’s BSOL with $5.46 million, while Fidelity’s FSOL added $481,830. Trading volume came in at $21.43 million, pushing total net assets up to $710.27 million.

Overall, Thursday’s session reflected continued caution around bitcoin and ether exposure, with concentrated redemptions in flagship products. At the same time, investors rotated selectively into XRP and solana ETFs, suggesting a tactical shift rather than a full retreat from crypto-linked funds.

FAQ📊

• Why did Bitcoin ETFs record a third straight day of outflows?
  The majority of redemptions came from Blackrock’s IBIT, indicating concentrated institutional selling or portfolio rebalancing rather than broad-based exits across all issuers.

• How significant were Ether ETF outflows on February 19?
  Ether ETFs saw $130.19 million in withdrawals, led by Blackrock’s ETHA, reflecting sustained pressure on large-cap crypto exposure.

• Which crypto ETFs saw inflows during the session?
  XRP ETFs recorded $4.05 million in inflows, while solana ETFs attracted $5.94 million, signaling selective demand for alternative crypto assets.

• What were the total assets under management after trading closed?
  Bitcoin ETFs ended with $84.37 billion in net assets, ether ETFs with $11 billion, XRP ETFs with $1.01 billion, and solana ETFs with $710.27 million.