U.S. spot crypto ETFs recorded $415.47 million in net outflows for Week 8 (Feb 16–22, 2026), marking one of the largest weekly withdrawals in recent months.
Total assets under management now sit around $98 billion.
Bitcoin and Ethereum Lead the Outflows
- Bitcoin ETFs: -$315.86 million – 4,680 BTC sold (roughly 12 days of mined supply)
- Ethereum ETFs: -$123.37 million – 63,218 ETH sold
The scale of the selling highlights sustained institutional pressure on the two largest crypto assets.
Breakdown by Major Issuers
- BlackRock: Sold 4,497 BTC and 52,151 ETH
- Fidelity: Sold 290 BTC and 4,127 ETH
- Grayscale: Bought 400 BTC but sold 3,756 ETH
Bitcoin saw broad distribution across major issuers, while Ethereum experienced consistent outflows across products.
Altcoin ETFs Show Select Inflows
Despite the large-cap pressure, several altcoin ETFs posted positive flows:
- Solana: +$14.31 million
- Avalanche: +$4.26 million
- Chainlink: +$2.40 million
- XRP: +$1.84 million
- HBAR: +$949K
Dogecoin and Litecoin ETFs recorded flat flows.
Market Context
The combined selling in BTC and ETH ETFs suggests continued institutional repositioning amid broader volatility.
Notably, 4,680 BTC sold in one week equates to nearly two weeks of new supply from miners, underscoring how ETF flows can materially impact spot market liquidity.
For now, large-cap crypto ETFs remain under pressure, while selective capital rotates into alternative layer-1 and infrastructure exposures.
