
Institutional adjustments in crypto ETF holdings continued as Ethereum saw $130M outflows and Solana gained $6M inflows on Feb. 20, signaling selective asset rotation amid shifting market sentiment.
On February 18, 2025, U.S.-listed spot Bitcoin ETFs recorded $133.3 million in net outflows, led by BlackRock’s IBIT and Fidelity’s FBTC, reducing total net assets to $83.6 billion. Ethereum ETFs lost $41.8 million that day, but by February 20, data from Farside showed Ethereum spot ETFs faced a much larger $130.1 million outflow, while Solana ETFs attracted a $6 million inflow. The February 18 activity also included $2.2 million outflows from XRP ETFs and $2.4 million inflows to Solana funds, indicating an ongoing selective rotation among institutional investors.