- More than $173 million was lost from digital asset investment products last week.
- Bitcoin and Ethereum recorded the most outflows amid widespread price declines.
- Solana and XRP maintained their inflow momentum despite the overall decline.
Digital asset investment products recorded another week of outflows, extending capital flight to four weeks.
As has been the case throughout the bear phase, Bitcoin and Ethereum led the negative trend, with investor caution amid market volatility and sentiment being the primary catalyst.
However, CoinShares reports that Solana and XRP have recorded inflows despite the recent price drop.
Cryptocurrency ETP outflow extended to 4 weeks
According to James Butterfill, head of research at CoinShares, a total of $173 million was outflowed from digital asset investment products in four consecutive weeks ending February 13, 2026.
Butterfill said in its weekly report issued Monday that the redemptions bring the four-week cumulative disbursements to more than $3.7 billion.
CoinShares notes that the week started strong with $575 million in inflows on Monday, February 9, 2026.
However, it turned into a red as risk assets were sold, pushing up $853 million from crypto exchange-traded products by midweek.
This decline coincides with a new price decline across major cryptocurrencies, a scenario that further strengthened as BTC reached new lows around $60,000.
Still, stocks and cryptocurrencies rose, but sentiment turned slightly bullish following the release of the latest CPI data.
Butterfill said Friday’s market inflows were $105 million.
However, net flows remained negative this week. ETP trading volume plummeted to $27 billion from a record high of $63 billion last week.
Analysts say this pattern reflects an overall environment of profit taking and risk aversion.
The regional distribution shows that US-based products continue to bear the brunt of the exodus.
Solana and XRP buck the outflow trend
While BTC and ETH led the way in terms of outflows last week, several altcoins showed resilience.
Even though prices are facing pressure, the market has seen strong institutional interest in Solana and XRP.
Over the past week, XRP ETFs and other digital asset investment products have raised $33.4 million, while Solana has raised more than $31 million.
Both altcoins are based on last week’s figures of around $48.5 million for SOL and around $62.9 million for XRP, according to CoinShares data.
Additionally, oracle network Chainlink (LINK) also saw inflows, albeit at a lower amount of $1.1 million.
Butterfill said this inflow reflects bullish sentiment towards major coins, which is a factor indicating investor confidence in the selective altcoin market.
Bitcoin and Ethereum lead weekly ETP outflows
Bitcoin experienced its heaviest weekly outflow as the bears showed their strength.
According to the data, investors withdrew more than $133 million from various BTC-related instruments.
Uncertainty has increased overall pressure on even short-term Bitcoin investment products, with total outflows of $15.4 million over the past two weeks.
A similar outlook affected Ethereum, with more than $85 million outflows as investor appetite waned.
