Bitcoin ETFs Pull $254M as BlackRock Leads: Ethereum Sees Modest Inflows, XRP Extends Gains

U.S. spot Bitcoin ETFs recorded another strong day of inflows on February 26, drawing $254.4 million, while Ethereum products posted smaller gains and XRP funds continued to attract steady demand.

Key Takeaways:

Bitcoin ETFs saw $254.4M in net inflows on Feb. 26.
Ethereum ETFs recorded $6.6M in net inflows.
Solana ETFs added a modest $0.5M.
XRP spot ETFs saw +$1.22 in net inflows.

Bitcoin: BlackRock Drives the Bulk of Inflows

Bitcoin ETF flows remained firmly positive, with BlackRock’s IBIT attracting $275.8 million in fresh capital. However, gains were partially offset by outflows from Fidelity’s FBTC (-$51.5M) and ARK’s ARKB (-$44.9M).

Despite mixed flows across issuers, total net inflows reached $254.4 million, marking a continuation of strong institutional participation following the previous session’s $506.6 million surge.

The data suggest capital remains concentrated in larger, more liquid products, particularly IBIT, which continues to dominate daily flow activity.

Ethereum: Smaller but Positive Momentum

Ethereum ETFs posted net inflows of $6.6 million on the day.

BlackRock’s ETHA added $15.3 million, while Fidelity’s FETH saw $19.2 million in outflows. Other issuers posted relatively muted activity, leaving total flows modest compared to Bitcoin.

While the scale remains smaller, Ethereum products have stabilized after previous volatility, signaling cautious but ongoing allocation.

Solana: Minimal Activity

Solana ETF products recorded just $0.5 million in inflows, reflecting subdued participation relative to Bitcoin and Ethereum.
The modest figure suggests institutional appetite for alternative Layer 1 exposure remains selective and comparatively light.

XRP: Continued Incremental Accumulation

Spot XRP ETFs saw net inflows totaling +848.59K XRP on February 26.

Canary’s XRPG product added +520.27K XRP, while Bitwise’s XRP ETF attracted +328.32K XRP. Other issuers reported flat flows.

Although smaller in dollar magnitude compared to Bitcoin ETFs, the steady XRP inflows point to persistent niche demand.

Institutional Flows Remain Bitcoin-Centric

The broader picture shows that Bitcoin continues to capture the lion’s share of institutional ETF capital, with Ethereum maintaining secondary interest and altcoin ETFs drawing comparatively modest allocations.

If this pattern persists, ETF-driven liquidity could remain a key support pillar for Bitcoin’s price action, while other digital assets may continue to lag in institutional momentum.