US spot crypto ETFs recorded sharp redemptions on February twenty third. The Spot Bitcoin ETF recorded web outflows of roughly $204 million, in keeping with SoSoValue information. In the meantime, the Spot Ethereum ETF recorded a further $49.48 million in withdrawals. Collectively, these merchandise generated a lack of $253 million in a single enterprise day.
📊Information: US Bitcoin and Ethereum ETFS lose over $250 million in someday
us spot bitcoin $BTC The ETF recorded web outflows of $204 million on February 23 (Japanese Time), in keeping with information from @SoSoValueCrypto.
Whereas most Bitcoin ETFs have been within the crimson, Van Eck’s HODL recorded web inflows of $6.35 million.
In the meantime, spots… pic.twitter.com/n5YoUIIfIC
— BSCN (@BSCNews) February 24, 2026
The transfer got here as Bitcoin briefly fell under the $65,000 stage. Amid widespread market pressures associated to new US tariff coverage headlines. The sudden pullback reveals that investor sentiment stays fragile. Regardless of robust long-term influx developments.
Huge outflows dominate Bitcoin ETFs
Bitcoin funds have been liable for a lot of the injury. Internet outflows of $203.82 million per day marked one other weak session for the sector. Many of the main merchandise ended the day within the crimson. As a result of buyers diminished their publicity when costs fell. Nevertheless, one fund stood out. VanEck’s HODL ETF is displaying modest web inflows of $6.35 million. This reveals that some long-term buyers are nonetheless shopping for bearishly.
Nonetheless, the general image stays cautious. $BTC Value volatility continues to drive short-term positioning. In the meantime, ETF flows are responding shortly to macro headlines and threat sentiment. Regardless of the each day decline, the Bitcoin Spot ETF nonetheless has round $80.74 billion in web property. It additionally represents roughly 6.26% of Bitcoin’s market capitalization. This highlights the size of the group’s involvement. Even during times of spillage.
Ethereum ETF widens hemorrhage
Ethereum funds additionally confronted promoting stress. spot $ETH The ETF recorded web outflows of $49.48 million on the day. This transfer displays the latest weak spot within the altcoin market as a complete. Ethereum has underperformed Bitcoin in a number of periods.
Buying and selling exercise remained robust. Roughly $724 million in each day buying and selling quantity $ETH ETF. Nonetheless, trying on the path of flows reveals buyers are lowering publicity reasonably than including threat. Since its introduction, the Ethereum ETF has collected roughly $11.48 billion in whole. Nevertheless, short-term sentiment has clearly cooled.
Warning issued after 5 consecutive weeks of leakage
The most recent information matches into broader developments which might be beginning to fear market watchers. Bitcoin ETFs have now hit document highs for the fifth consecutive week. In line with the report, web outflows totaled roughly $3.8 billion. That is the longest consecutive withdrawal streak since early 2025.
Latest weeks have proven a gradual sample of threat aversion. As merchants are reacting to macro uncertainties and cryptocurrency value fluctuations. Nevertheless, the long-term outlook stays robust. Since its launch, the Spot Bitcoin ETF has seen cumulative web inflows of greater than $53.8 billion. This means that structural demand is maintained.
Market sentiment and broader influence
There seem like a number of elements behind the latest withdrawal. These embody macro considerations comparable to tariff developments and widespread risk-off sentiment. This made buyers cautious. Concern ranges proceed to rise by cryptocurrencies. Displays nervous positioning. Nonetheless, not everyone seems to be bearish. The low inflows into VanEck’s HODL means that some buyers view the pullback as a shopping for alternative. For now, ETF flows are prone to stay delicate to macro headlines. As soon as volatility declines, institutional demand might stabilize once more.
