Crypto ETF Week — Feb 2–6, 2026: net -$457.6M
The week of February 2–6, 2026, saw net flows into crypto ETFs decline by -$457.6M. Bitcoin and Ethereum were the main contributors to the outflows.
TL;DR
- Net flow: -$457.6M
- Total inflows: +$260.4M
- Total outflows: -$720.5M
- Strongest day: Feb 2 (+$565.3M) · Weakest day: Feb 4 (-$625.8M)
Weekly Overview
For the week of February 2–6, 2026, net flows into spot crypto ETFs totaled -$457.6M, reflecting a predominantly negative sentiment. A total of eight assets reported flows, with significant activity in Bitcoin and Ethereum, while XRP, LINK, HBAR, and DOGE saw inflows.
Flows by Asset
BTC
Net: -$318.1M / Inflow: +$155.1M / Outflow: -$473.2M
| Fund | Flow |
|---|---|
| Grayscale | -$173.8M |
| Fidelity | -$166.8M |
| BlackRock | -$115.1M |
| Bitwise | +$86.2M |
| VanEck | +$30.2M |
| Grayscale BTC | +$18.3M |
| Invesco | +$17.1M |
| 21Shares | -$8.9M |
| Franklin | -$8.6M |
| WisdomTree | +$3.3M |
ETH
Net: -$165.8M / Inflow: +$65.0M / Outflow: -$230.8M
| Fund | Flow |
|---|---|
| BlackRock | -$152.0M |
| Fidelity | -$59.9M |
| Grayscale ETH | +$33.0M |
| Grayscale | -$18.9M |
| Bitwise | +$16.8M |
| VanEck | +$8.1M |
| Invesco | +$7.1M |
XRP
Net: +$31.2M / Inflow: +$31.4M / Outflow: -$0.2M
| Fund | Flow |
|---|---|
| Bitwise | +$14.3M |
| Franklin | +$13.6M |
| Canary | +$2.8M |
| Grayscale | +$0.8M |
| 21Shares | -$0.2M |
SOL
Net: -$10.9M / Inflow: +$5.2M / Outflow: -$16.1M
| Fund | Flow |
|---|---|
| Bitwise | -$8.6M |
| Fidelity | +$5.2M |
| Grayscale | -$5.2M |
| VanEck | -$1.8M |
| 21Shares | -$0.5M |
LINK
Net: +$4.9M / Inflow: +$2.3M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$2.3M |
HBAR
Net: +$1.0M / Inflow: +$1.0M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Canary | +$1.0M |
DOGE
Net: +$0.3M / Inflow: +$0.3M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$0.3M |
LTC
Net: -$0.2M / Inflow: $0.0M / Outflow: -$0.2M
| Fund | Flow |
|---|---|
| Canary | -$0.2M |
Daily Breakdown
| Date | Net flow |
|---|---|
| Feb 2 | +$565.3M |
| Feb 3 | -$246.3M |
| Feb 4 | -$625.8M |
| Feb 5 | -$506.9M |
| Feb 6 | +$356.1M |
Biggest Fund Moves
Largest inflows
- Bitwise (BTC): +$86.2M
- Grayscale ETH (ETH): +$33.0M
- VanEck (BTC): +$30.2M
- Grayscale BTC (BTC): +$18.3M
- Invesco (BTC): +$17.1M
Largest outflows
- Grayscale (BTC): -$173.8M
- Fidelity (BTC): -$166.8M
- BlackRock (ETH): -$152.0M
- BlackRock (BTC): -$115.1M
- Fidelity (ETH): -$59.9M
Market Interpretation
Bitcoin experienced the largest outflows, totaling -$318.1M, primarily driven by significant withdrawals from major funds like Grayscale and Fidelity. Ethereum also faced notable outflows of -$165.8M, with BlackRock and Fidelity leading the capital exits. However, XRP managed to attract $31.2M in inflows, indicating some institutional interest. The best day of the week was February 2, with a strong inflow of +$565.3M, but this was offset by substantial outflows on February 4, totaling -$625.8M.
Conclusion
The week concluded with a net figure of -$457.6M, highlighting a trend of withdrawal across major assets. Despite this, certain assets like XRP, LINK, HBAR, and DOGE showed resilience with positive inflows.