TLDR

  • On February 26, U.S. spot Bitcoin ETFs saw net inflows of $254.4 million.
  • BlackRock’s IBIT was the day’s leader, drawing $275.8 million in new capital.
  • Outflows from Fidelity’s FBTC and ARK’s ARKB partially reduced the overall gains.
  • The prior trading session had registered a larger $506.6 million inflow into Bitcoin funds.
  • Ethereum ETFs reported total net inflows of $6.6 million for the day.

On February 26, U.S. spot Bitcoin ETFs registered $254.4 million in net inflows. BlackRock dominated the day’s activity, though outflows from certain other issuers reduced the final total. Products tied to Ethereum and XRP also saw gains, albeit more modest ones.

Bitcoin ETFs Record $254.4M in Net Inflows

Bitcoin ETFs continued their positive trend, securing $254.4 million in net inflows on February 26. BlackRock’s IBIT product gathered $275.8 million in new investment during the session. This was partially offset by outflows of $51.5 million from Fidelity’s fund and $44.9 million from ARK’s ARKB.

Even with these withdrawals, the total daily flows stayed strongly positive. This performance came after a $506.6 million surge across spot Bitcoin funds in the previous session. Data from issuers indicated that IBIT was the dominant force, attracting the majority of new investments.

Market records indicate that the largest products absorbed most of the capital. Smaller issuers, by contrast, saw limited activity. The concentration of flows was evident, with IBIT significantly outperforming rival funds.

Trading data showed ongoing participation on major exchanges. However, the total volume of inflows dropped compared to the higher level of the day before. Nevertheless, Bitcoin ETFs sustained their positive momentum for another consecutive session.

Ethereum and XRP ETFs Post Mixed but Positive Activity

Ethereum ETFs reported total net inflows of $6.6 million on February 26. BlackRock’s ETHA contributed $15.3 million in new capital. However, Fidelity’s FETH experienced $19.2 million in outflows, counteracting some of the positive movement.

Other Ethereum issuers reported quiet flow data for their products. Consequently, the total net inflows were subdued relative to Bitcoin funds. Trading desks noted consistent but restrained allocation into the asset class.

Solana ETF products attracted $0.5 million in inflows during the same session. This amount was significantly lower than the totals for Bitcoin and Ethereum. Disclosures from issuers revealed limited investor engagement with Solana-linked products.

Spot XRP ETFs also drew net inflows. Total inflows amounted to 848,590 XRP across reporting issuers. Canary’s XRPG added 520,270 XRP, and Bitwise’s XRP ETF gained 328,320 XRP.

Other XRP issuers reported no change in their flow data for the day. The dollar value for XRP products stayed below that of Bitcoin allocations. Still, flow reports verified ongoing demand for XRP-based funds on February 26.

Exchange data concluded with Bitcoin ETFs at the forefront of total digital asset ETF inflows. Ethereum funds followed with more modest gains, and Solana products saw limited additions. XRP ETFs finished the session with positive token inflows from two issuers.