Weekly Overview
Digital asset investment products experienced outflows exceeding $173 million last week, extending capital flight to four consecutive weeks. Bitcoin and Ethereum drove the bulk of these outflows amid persistent price weakness and investor caution fueled by market volatility.
Solana and XRP, however, sustained inflow momentum despite the downturn and recent price declines, as noted in CoinShares research.
Crypto ETP Outflows Reach Four Weeks
James Butterfill, head of research at CoinShares, reported that digital asset investment products recorded a fourth straight week of outflows totaling $173 million through February 13, 2026. This brings the cumulative four-week total to over $3.7 billion.
The week opened positively with $575 million in inflows on Monday, February 9, 2026, but sentiment reversed as risk assets sold off, leading to $853 million exiting crypto exchange-traded products by mid-week. This shift aligned with fresh price lows for major cryptocurrencies, including Bitcoin around $60,000.
A slight bullish turn emerged late in the week on positive CPI data, with $105 million in inflows on Friday, though net flows stayed negative. ETP trading volumes dropped to $27 billion from a record $63 billion the previous week, reflecting profit-taking and risk aversion. US products absorbed the majority of outflows.
Solana and XRP Defy the Trend
While Bitcoin and Ethereum led outflows, select altcoins demonstrated resilience. Institutional interest persisted in Solana and XRP despite price pressure.
XRP-related ETFs and products drew $33.4 million, Solana over $31 million—building on prior week's $48.5 million for SOL and $62.9 million for XRP. Chainlink saw modest $1.1 million inflows. Butterfill attributes this to bullish sentiment signaling confidence in targeted altcoin sectors.
Bitcoin and Ethereum Lead Outflows
Bitcoin faced the steepest outflows at over $133 million as bearish forces dominated. Even short Bitcoin products contributed, with $15.4 million outflows over two weeks amid uncertainty.
Ethereum mirrored this pattern, shedding more than $85 million due to fading investor appetite.
Key Net Flows Last Week
- Bitcoin: -$133 million
- Ethereum: -$85 million
- Solana: +$31 million
- XRP: +$33.4 million
- Chainlink: +$1.1 million
Digital asset investment products saw a fourth consecutive week of outflows totalling $173 million for the period to February 13, 2026. The inflows reflect bullish sentiment on key coins, a factor that points to investor confidence in selective altcoin markets.
