Last week, from February 16 to 20, cryptocurrency exchange-traded funds (ETFs) experienced significant outflows, with Bitcoin spot ETFs losing $316 million and Ethereum spot ETFs declining by $123 million. In contrast, SOL and XRP spot ETFs attracted inflows of $14.31 million and $1.84 million, respectively, indicating a shift in investor sentiment as altcoin products gained popularity amidst the redemptions of more established assets. This data was reported by SoSoValue, a provider that tracks daily ETF flows across major cryptocurrencies.
Crypto ETFs see $316M outflows, Bitcoin and Ethereum lead
