In the first week of February 2026, investors significantly reduced their investments in leading cryptocurrency exchange-traded funds. From February 2 to February 6, the total capital outflow from Bitcoin ETFs reached over $318 million, while investors withdrew approximately $166 million from Ethereum ETFs. This negative trend has persisted for the third consecutive week, with the total amount of funds that have left these funds exceeding $4.2 billion.
This is reported by Business • Media
Trends in Outflows from Bitcoin ETFs and Ethereum ETFs
The first week of February was marked by an active reduction of positions in the largest cryptocurrency ETFs. The largest daily outflow in the Bitcoin ETF sector was recorded on February 4, when the net outflow amounted to over $544 million. However, February 2 and February 6 saw days with positive dynamics, when the funds attracted $561 million and $371 million respectively. Overall, since the beginning of the outflow wave, investors have withdrawn over $3.1 billion specifically from Bitcoin ETFs.
In the Ethereum ETF sector, the process was less volatile, but a negative trend also prevailed. During the specified period, the outflow amounted to nearly $166 million, with the largest amounts leaving the funds on February 4 and 5—over $79 million on each of those days. Only on February 3 was a small inflow of investments recorded. In total, since the beginning of the outflow wave from Ethereum ETFs, over $1.1 billion has been withdrawn.
Reasons and Consequences of Prolonged Capital Outflows
The current series of outflows has continued for the third consecutive week. This reduction in investments in cryptocurrency ETFs is associated with the decline in Bitcoin’s value at the beginning of February. During this period, the price of Bitcoin temporarily dropped to $60,000, which affected investor sentiment.
“At that time, the head of the research division at Galaxy, Alex Thorn, stated that the asset is trading below the average cost for investors in spot funds.”
The overall negative dynamics of fund withdrawals from Bitcoin ETFs and Ethereum ETFs indicate investor caution and the impact of market volatility on decisions regarding cryptocurrency assets.