
U.S. spot Bitcoin and Ethereum ETFs faced significant withdrawals on February 18, led by BlackRock and Fidelity products, reflecting cautious investor positioning amid market volatility.
On February 18, U.S. spot Bitcoin ETFs recorded a $133.3 million net outflow, with BlackRock’s iShares Bitcoin Trust (IBIT) posting $84.2 million in withdrawals and Fidelity’s Wise Origin Bitcoin Fund (FBTC) seeing $49.1 million exit. U.S. spot Ethereum ETFs also experienced $41.8 million in outflows, including $29.9 million from BlackRock’s ETHA and $8.2 million from Fidelity’s FETH. The data underscores broad investor pullback from major crypto ETF products on the same day.