U.S. spot crypto ETFs recorded approximately $274.4 million in total net inflows on February 24, 2026, with Bitcoin products driving the majority of capital allocation.
Bitcoin Dominates Daily ETF Flows
U.S. spot Bitcoin ETFs collectively added around 3,990 BTC, representing approximately $257.7 million in net inflows for the day. This accounted for the overwhelming share of total capital entering crypto ETF products.
Among issuers, BlackRock purchased roughly $78.9 million worth of Bitcoin, equivalent to about 1,220 BTC. Fidelity Investments added approximately $82.8 million in Bitcoin, or 1,280 BTC. ARK Invest, through its ARK 21Shares ETF, acquired around $71.1 million in Bitcoin, totaling about 1,100 BTC.
Ethereum Sees Mixed Activity
Spot Ethereum ETFs recorded net inflows of approximately 4,958 ETH, valued at around $9.2 million.
However, fund-level activity showed divergence. Fidelity and ARK both reduced Ethereum exposure, each selling roughly $1.9 million worth of ETH, equivalent to about 1,024 ETH. In contrast, Grayscale Investments added approximately $11.1 million in Ethereum, representing about 5,982 ETH.
Altcoin ETF Flows Remain Modest
Outside of Bitcoin and Ethereum, ETF activity was relatively small but positive.
Solana spot ETFs added approximately 48,806 SOL, representing around $3.8 million in inflows. XRP spot ETFs recorded inflows of roughly 2.25 million XRP, equivalent to about $3.04 million. Hedera spot ETFs added approximately 6.83 million HBAR, totaling around $655,000 in inflows.
Meanwhile, spot ETFs tracking Chainlink, Dogecoin, Litecoin, and Avalanche recorded zero net flows on the day.
Capital Concentration Signals Institutional Preference
The data shows a clear concentration of institutional capital into Bitcoin products, with Ethereum seeing smaller but still positive aggregate flows. Altcoin exposure remains limited in comparison, suggesting that large allocators continue prioritizing BTC as the primary vehicle for crypto exposure within regulated ETF structures.
With nearly $258 million flowing into Bitcoin ETFs in a single session, institutional demand appears steady despite broader market volatility.
