U.S.-listed crypto ETFs turned mostly red on Feb. 18, with Bitcoin, Ether and XRP funds seeing notable outflows — but Solana funds bucked the trend. Bitcoin spot ETFs recorded $133.3 million in daily net withdrawals, led by BlackRock’s IBIT, which lost $84.2 million, and Fidelity’s FBTC, which shed $49 million. Collective net assets across bitcoin funds remain about $83.6 billion, roughly 6.3% of bitcoin’s market capitalization, but the recent selling suggests many institutions are trimming positions rather than buying dips. Ethereum products followed suit, posting $41.8 million in outflows for the day. BlackRock’s ETHA accounted for nearly $30 million of that pullback. All ETH spot ETFs hold about $11.1 billion in total, or roughly 4.8% of ether’s market cap. The pressure on flows comes as ether trades below $2,000 and struggles to find momentum despite market hopes for Federal Reserve rate cuts later in the year. XRP ETFs also slipped into the red, with $2.2 million in net outflows. Total assets in XRP funds sit just above $1 billion, about 1.2% of XRP’s market cap, and the token was down over 4% on the day, mirroring the cautious sentiment. Solana was the standout. U.S. SOL spot ETFs logged $2.4 million in net inflows, bringing cumulative inflows to nearly $880 million. Bitwise’s BSOL led the charge with $1.5 million of fresh capital. While modest in absolute terms, these inflows contrast sharply with the broader risk-off positioning seen in bitcoin and ether products. Smaller altcoin ETFs such as LINK saw only marginal inflows, underscoring a selective rather than broad-based appetite among investors. Overall, the divergence in ETF flows points to rotation within crypto rather than wholesale exits. With macro uncertainty lingering and a firmer dollar weighing on risk assets, ETF movement continues to provide a real-time gauge of where institutional conviction is holding — and where it’s fading. Read more AI-generated news on: undefined/news