On February 19, Bitcoin and Ethereum spot ETFs experienced significant net outflows, with Bitcoin ETFs recording three consecutive days of withdrawals totaling $166 million and Ethereum ETFs seeing outflows of $130 million, primarily driven by BlackRock’s ETHA, which accounted for $96.8 million of this total. The volatility in these investor flows reflects shifting market sentiment and highlights the pressures facing Ethereum ETFs as they lead the outflows in recent sessions, amidst a landscape where major asset managers like BlackRock are increasingly influential in the crypto ETF market following regulatory approvals.
Bitcoin ETFs see $166M in outflows, Ethereum ETFs $130M on Feb 19
