Digital asset fund flows | February 16th, 2026

Digital asset outflows extend to 4Th week amid US weakness, selective altcoin resilience

• Fourth consecutive week of outflows, totalling US$173M, with US$3.74B withdrawn over the past 4 weeks.

• Sharp regional divergence, with US$403M in US outflows offset by US$230M of inflows across Europe and Canada

• Bitcoin and Ethereum led outflows, while XRP and Solana continued to attract fresh inflows

Digital asset investment products saw a fourth consecutive week of outflows totalling US$173m, bringing the cumulative four-week run of outflows to US$3.74B. The week began on a more positive note, with inflows of US$575M, followed by outflows of US$853M, likely driven by further price weakness. Sentiment improved slightly on Friday following weaker than expected CPI data, with inflows of US$105M. ETP trading volumes fell markedly to US$27B, down from the record US$63B the prior week.

Regional flows marked a significant divergence in sentiment between the US and the rest of the world. The US saw US$403M in outflows, while all other regions recorded inflows totalling US$230M, most notably Germany at US$115M, Canada at US$46.3M and Switzerland at US$36.8M.

Bitcoin saw the weakest sentiment, with US$133M in outflows, although short Bitcoin investment products also recorded outflows, now totalling US$15.4M over the past two weeks, a pattern often seen near market lows.

Ethereum also suffered, with US$85.1M in outflows, as did Hyperliquid, which saw US$1M in outflows.

Sentiment remained buoyant for XRP, Solana and Chainlink, which saw inflows of US$33.4M, US$31M and US$1.1M respectively last week.