ETF Bitcoin and Ethereum continue to see strong outflows, with over $296 million in capital leaving the market in one day.

On February 19th, spot Bitcoin ETF funds recorded a total net outflow of $166 million, marking the third consecutive session of capital leaving the market. This trend indicates cautious investor sentiment amid ongoing high price volatility and increasing profit-taking pressure.

Similarly, spot Ethereum ETF funds also experienced a total net withdrawal of $130 million on the same day. Notably, the ETHA fund managed by BlackRock led in net outflows, with $96.8 million withdrawn. The simultaneous outflow from both major cryptocurrency ETF groups reflects a short-term defensive trend, as investors temporarily reduce their exposure to digital assets during a highly volatile market period.