From February 2 to 6, 2026, investors withdrew nearly $500 million from exchange-traded funds focused on Bitcoin and Ethereum. Over $318 million was withdrawn from Bitcoin ETFs, while about $166 million was taken out from Ethereum ETFs. This negative trend has persisted for the third consecutive week, with total capital outflows exceeding $4.2 billion since these processes began.
This is reported by Finway
Capital Dynamics in Bitcoin ETFs
The first week of February was challenging for Bitcoin-based exchange-traded funds. Specifically, on February 4, the largest net outflow for a week was recorded—over $544 million. Meanwhile, on February 2 and 6, there were inflows of $561 million and $371 million respectively, partially offsetting the losses. Overall, despite some positive days, investors continue to reduce their positions in this segment.
Outflows from Ethereum ETFs
The situation in the Ethereum ETF sector remained consistently negative, albeit with less volatility. During the same period, investors withdrew nearly $166 million. The largest outflows were recorded on February 4 and 5—over $79 million each day. Only on February 3 was there a slight inflow of capital into Ethereum ETFs.
The series of outflows has now continued for the third consecutive week, during which over $3.1 billion has been withdrawn from Bitcoin ETFs and an additional $1.1 billion from Ethereum ETFs.
“From February 2 to 6, the total outflow from Bitcoin ETFs exceeded $318 million.”
It is worth noting that since the beginning of February, the price of Bitcoin has seen a significant decline, temporarily dropping to the $60,000 mark. According to experts, including Alex Thorn, head of research at Galaxy, the asset is trading below the average cost for investors in spot funds.