Global Crypto ETPs See Fourth Week Of Outflows With $3.7 Billion Pulled

TLDR

Table of Contents

Global crypto ETPs recorded $3.74 billion in outflows over four weeks.
U.S. funds saw $403 million in weekly outflows last week.
Bitcoin products led redemptions with $133 million withdrawn.
XRP and Solana funds recorded inflows of $33.4 million and $31 million.

Global cryptocurrency ETPs have recorded a fourth consecutive week of outflows, with investors withdrawing $173 million last week. Over the past month, a total of $3.74 billion exited crypto funds, according to CoinShares. U.S.-listed products faced the largest withdrawals, while Europe and Canada saw modest inflows. The trend shows cautious investor behavior, with major cryptocurrencies like Bitcoin and Ethereum seeing the heaviest redemptions amid lower trading activity.

Global Crypto ETP Outflows Continue for Fourth Week

Global cryptocurrency exchange-traded products (ETPs) recorded a fourth consecutive week of outflows, with investors withdrawing $173 million last week, according to CoinShares. Over the past month, total withdrawals reached $3.74 billion.

Selling pressure has slowed from earlier in the month when weekly outflows reached $1.7 billion. James Butterfill, CoinShares’ head of research, said, “The latest figures suggest selling pressure has moderated but not reversed.”

Digital asset outflows extend to 4th week amid US weakness, totalling US$173m. Bitcoin saw the weakest sentiment, with US$133m in outflows. Ethereum saw US$85.1m in outflows. XRP, Solana and Chainlink, which saw inflows of US$33.4m, US$31m and US$1.1m respectively.…
— Wu Blockchain (@WuBlockchain) February 16, 2026

Bitcoin products faced the largest redemptions at $133 million, while Ethereum saw $85.1 million in outflows. In contrast, XRP, Solana, and Chainlink recorded inflows of $33.4 million, $31 million, and $1.1 million.

U.S. Funds Lead Withdrawals While Europe and Canada See Inflows

Regional data showed a marked difference in investor activity. U.S.-listed crypto products recorded $403 million in weekly outflows. Meanwhile, European and Canadian products saw inflows of $230 million collectively.

Germany led inflows with $115 million, followed by Canada at $46.3 million and Switzerland at $36.8 million. Butterfill noted that “demand has shifted overseas even as U.S. investors reduced exposure.” This divergence reflects differing regional sentiment toward digital assets.

Bitcoin and Ethereum Funds See Largest Redemptions

Bitcoin-focused investment products accounted for the largest portion of withdrawals, totaling $133 million. Short-bitcoin products also recorded $15.4 million in outflows over two weeks. CoinShares observed that such outflows often occur near market lows.

Ethereum products recorded $85.1 million in redemptions. Smaller funds, including Hyperliquid, also saw minor outflows of $1 million. These figures indicate that investors are reducing exposure to major cryptocurrencies during this period.

Select Altcoins Show Resilient Inflows

While larger cryptocurrencies faced withdrawals, some altcoins attracted capital. XRP led with $33.4 million in inflows, followed by Solana at $31 million. Chainlink also saw inflows of $1.1 million.

These figures suggest that investors continue to show interest in selective altcoins despite broader outflows. Trading volumes also declined, falling to $27 billion from a previous $63 billion, reflecting lower speculative activity in crypto markets.

Trading Activity Declines Amid Market Caution

Crypto ETP trading volumes dropped sharply, indicating subdued investor activity. CoinShares noted that initial inflows of $575 million early in the week were offset by outflows of $853 million.

Butterfill added that “sentiment improved slightly on Friday following weaker than expected CPI data, with inflows of $105 million.” Despite this, the market continues to see more withdrawals than inflows.

Bitcoin prices fell nearly 2% over the past week and remain under $70,000. Ethereum continues to trade below $2,000 after several weeks of cumulative outflows.