Bitcoin and Ether ETFs Face Continued Outflows Solana and XRP See Inflows

Bitcoin and Ether exchange-traded funds ETFs experienced significant outflows this week, with Bitcoin ETFs recording 316 million in withdrawals, marking their fifth consecutive week of losses. Ether ETFs also faced pressure, logging 123 million in net outflows. In contrast, Solana and XRP ETFs managed to attract modest inflows.
From Feb. 16 to Feb. 20, spot bitcoin ETFs recorded 315.86 million in net outflows, marking their fifth consecutive week in the red.
The largest impact on Bitcoin ETFs came from Blackrock s IBIT, which saw a significant drop of 303.48 million. Fidelity s FBTC also experienced notable fluctuations but ended the week with strong inflows. Other funds like Grayscale s GBTC and Bitcoin Mini Trust had mixed results, while several others faced intermittent outflows.
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.
Ether ETFs also struggled, with Blackrock s ETHA accounting for a large portion of the week s redemptions. Despite some isolated daily inflows, the overall momentum remained weak.
In contrast, altcoin ETFs told a different story. Solana ETFs posted 14.31 million in net inflows, driven by consistent capital attraction from Bitwise s BSOL. XRP ETFs recorded modest gains of 1.8 million, led by Bitwise s XRP and Franklin s XRPZ.
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.
Overall, the data suggests a shift in investor sentiment. While there is continued caution towards Bitcoin and Ether, there is selective interest in alternative crypto assets like Solana and XRP.