- Digital asset investment products saw outflows of over $173 million last week.
- Bitcoin and Ethereum recorded the most outflows amid broader price weakness.
- Solana and XRP maintained their inflow momentum despite the overall downturn.
Digital asset investment products recorded another week of outflows, extending the capital flight to four weeks.
As has been the case throughout the bearish phase, Bitcoin and Ethereum led the negative trend, with investor caution amid market volatility and the overriding sentiment key catalysts.
However, CoinShares reports that Solana and XRP notched inflows despite recent price declines.
Crypto ETP outflows extend to four weeks
According to James Butterfill, head of research at CoinShares, digital asset investment products saw a fourth consecutive week of outflows totalling $173 million for the period to February 13, 2026.
The redemptions bring the cumulative four-week run to over $3.7 billion, Butterfill wrote in a weekly report published on Monday.
CoinShares notes that the week started positively with inflows of $575 million on Monday, Feb. 9, 2026.
However, that flipped red as risk assets sold off, pushing $853 million from crypto exchange-traded products by mid-week.
That dip coincided with fresh price weakness across major cryptocurrencies, a scenario that intensified as BTC touched new lows around $60k.
Gains for stocks and cryptocurrencies nonetheless saw sentiment flip slightly bullish on the latest CPI data release.
According to Butterfill, the market recorded $105 million in inflows on Friday.
Yet, net flows remained negative for the week. ETP trading volumes dropped sharply to $27 billion from a record $63 billion the previous week.
Analysts note that this pattern reflects the overall profit-taking and risk-aversion environment.
A look at regional distribution suggests US-based products continue to bear the brunt of the outflows.
Solana and XRP defy outflows trend
Although BTC and ETH led the way in terms of volumes of outflows this past week, a few altcoins showed resilience.
The market saw strong institutional interest in Solana and XRP even as prices faced pressure.
Over the past week, XRP ETFs and other digital asset investment products drew $33.4 million, while Solana attracted more than $31 million.
Both altcoins build on last week’s figures of roughly $48.5 million for SOL and $62.9 million for XRP, according to CoinShares data.
Elsewhere, the oracle network Chainlink (LINK) also saw inflows, albeit a modest $1.1 million.
Butterfill says the inflows reflect bullish sentiment on key coins, a factor that points to investor confidence in selective altcoin markets.
Bitcoin and Ethereum lead ETP weekly outflows
Bitcoin experienced the harshest weekly outflows as bears showcased their strength.
Data shows investors pulled over $133 million from various BTC-tied products.
Uncertainty meant even short Bitcoin investment products added to the overall pressure, recording outflows totaling $15.4 million over the past two weeks.
The same outlook hit Ethereum, which saw more than $85 million in outflows amid waning investor appetite.
