Bitcoin and Ethereum Spot ETFs Record Heavy Outflows as Institutional Demand Cools

U.S. spot exchange traded funds tied to Bitcoin posted $133.3 million in net outflows on Feb. 18, signaling a pullback in institutional positioning. The largest redemptions came from iShares Bitcoin Trust (IBIT), which saw $84.2 million exit the fund, followed by Fidelity Wise Origin Bitcoin Fund (FBTC) with $49 million in outflows.

Despite the daily withdrawals, total net assets across U.S. bitcoin spot ETFs remain substantial at $83.6 billion, representing roughly 6.3% of Bitcoin’s overall market capitalization. Recent flow trends, however, suggest some institutions are trimming exposure rather than accumulating during price weakness.

Ethereum Spot ETFs Lose $41.8 Million

Spot ETFs linked to Ethereum mirrored the pattern, recording $41.8 million in net outflows. iShares Ethereum Trust (ETHA) accounted for nearly $30 million of that total.

Ether funds collectively hold $11.1 billion in assets, equivalent to about 4.8% of Ethereum’s market cap. The outflows come as ETH trades below $2,000 and struggles to regain momentum, even amid broader expectations that interest rate cuts could materialize later this year.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.