Crypto ETF Outflows Extend as Bitcoin, Ethereum Face Fresh Redemptions
Exchange-traded funds tied to major cryptocurrencies saw renewed pressure on Feb. 18, with Bitcoin and Ethereum products recording net outflows as digital-asset prices drifted lower.
Key Takeaways:
- Bitcoin ETFs saw roughly $133.3 million in net outflows.
- Ethereum ETFs recorded about $41.8 million in net redemptions.
- Solana ETFs posted a small $2.0 million net inflow.
- XRP ETFs saw approximately $2.21 million in outflows.
The latest flow data point to continued caution among institutional investors as crypto markets consolidate amid macro uncertainty and fading momentum.
Bitcoin
Spot Bitcoin ETFs registered a combined net outflow of about $133.3 million on Feb. 18. BlackRock’s IBIT led redemptions with roughly $84.2 million in outflows, while Fidelity’s FBTC shed around $49.1 million. Other issuers were largely flat.
Bitcoin traded at $66,883.15, down modestly on the day and extending its recent consolidation below the $68,000 level. The price action reflects weakening momentum following multiple failed attempts to reclaim higher resistance zones.
Persistent ETF redemptions suggest institutional investors are trimming exposure rather than accumulating into dips, reinforcing the cautious tone.
Ethereum
Ethereum-linked ETFs posted net outflows totaling approximately $41.8 million. BlackRock’s ETHA and Fidelity’s FETH both recorded redemptions, while other issuers showed limited activity.
Ethereum was trading at $1,969.49, slipping back below the $2,000 psychological threshold. The token has struggled to sustain upside momentum despite periodic inflow days earlier in the month.
The renewed ETF outflows indicate that institutional appetite remains selective, particularly as broader crypto markets experience subdued liquidity.
Solana
Solana ETFs bucked the broader trend with modest net inflows of about $2.0 million. Activity was spread across a small number of issuers, reflecting continued, though limited, institutional interest.
Solana traded at $81.57, declining on the day but holding above recent local support levels. While price action remains volatile, steady ETF inflows suggest some investors are positioning for relative strength among alternative layer-1 networks.
XRP
XRP-related ETFs recorded a net outflow of roughly $2.21 million, driven primarily by redemptions from Grayscale’s product.
XRP was trading at $1.41, down on the session after a strong multi-day rally earlier this month. The pullback comes amid broader market softness and mixed sentiment across altcoins.
Overall, ETF flow divergence highlights a market in consolidation rather than expansion. With Bitcoin trading below key resistance and Ethereum slipping under $2,000, institutional capital appears cautious, favoring selective exposure rather than broad-based accumulation. As macro conditions and regulatory developments remain in focus, ETF activity may continue to serve as a barometer for institutional conviction in the digital-asset space.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.
