Investors withdrew nearly $440 million in one week from spot Bitcoin and Ethereum ETFs
Between February 16 and 20, 2026, the sector of spot Bitcoin ETFs recorded investment outflows of $315.86 million, according to data from SoSoValue.


Between February 16 and 20, 2026, the sector of spot Bitcoin ETFs recorded investment outflows of $315.86 million, according to data from SoSoValue.
The cryptocurrency market has rolled back to November 2024 levels, losing all the gains driven by Trump’s victory in the U.S. presidential election.
Sean Farrell, Head of Digital Asset Strategy at Fundstrat Global Advisors, a company founded by Tom Lee, shared his latest analysis of Ethereum.
Bitcoin ($BTC) continues to struggle to recover from the downtrend that began in October, with the latest sell-off pushing the price to around $60,000.
U.S. spot Bitcoin ETFs recorded a net outflow of $104.99 million, marking a return to outflows after just one trading day of net inflows.
Analysts at Standard Chartered, led by Geoff Kendrick, sharply revised down their cryptocurrency price forecasts for 2026. XRP saw the biggest downgrade, with experts now expecting its price to fall to $2.8 by year-end — 65% below the previous target of $8.
Ethereum is still trading below the $2,000 mark, having fallen by 3.5% over the past 24 hours. During the day, intraday trading volumes decreased by 27.14% to $20.96 billion.
Considering that since the beginning of 2026 Ethereum has fallen by 34.88%, while Bitcoin has lost 23.47% of its value and XRP — 24.59%, Polymarket users do not show clear optimism regarding the ETH price by the end of February and are cautiously betting on a decline.
BitMine Immersion Technologies significantly increased its ETH holdings during last week’s market correction. On Monday, the company reported that 40,613 ethers were purchased over the week, bringing the total volume of assets to 4.326 million ETH, which at current prices amounts to approximately $8.8 billion.
After the renewed downward movement on February 3, most digital assets declined significantly. The total market capitalization of tokens and coins fell by 22%, reaching its lowest level since October 2024 at $2.05 trillion. However, on Friday the market began to rebound and recovered part of the losses.
The sharp decline in the cryptocurrency market in recent days has also accelerated movements by large players. These movements, particularly visible in the Ethereum market, suggest that market volatility may increase even further.
The cryptocurrency Ethereum was trading at $1,935.42 at 15:30 GMT on Thursday, according to the Investing.com Index, down 10.06% on the day. This marked the most significant daily decline in the cryptocurrency’s value since October 10, 2025.
The Ethereum cryptocurrency was trading at $2,434.30 at 17:14 GMT on Saturday, according to the Investing.com index, declining by 10.26% on the day. This marked the largest drop in the cryptocurrency’s value since January 31.
Nearly 36.5 million ether are currently staked — almost 30% of the total supply. According to the experts, the amount of coins removed from circulation is increasing at the same time.
Ethereum (ETH) continued its weekly decline of 6% amid a bearish trend and reduced risk appetite among digital asset investors. Nevertheless, artificial intelligence (AI) forecasts that the second-largest cryptocurrency by market capitalization will correct upward by the end of the month.
The leading Ethereum treasury company BitMine will earn approximately $164 million per year from ETH staking. According to Happy Coin News, last week BitMine employees purchased 40,302 ether worth $117 million, thereby increasing the company’s digital asset holdings to 4.24 million ETH, valued at $12.4 billion at the current exchange rate (3.52% of the circulating supply).