📈 Bitcoin ETFs See Inflows After Losing Streak

📊 Bitcoin exchange-traded funds (ETFs) ended their recent losing streak with an inflow of $88 million on February 20. This marked a significant shift after days of steady redemptions. Spot bitcoin funds saw a net inflow of $88.04 million, primarily driven by Blackrock’s IBIT, which added $64.46 million, and Fidelity’s FBTC, which pulled in $23.59 million. Total trading activity was robust, with $3.70 billion exchanged.

📉 In contrast, ether ETFs remained relatively unchanged. Blackrock’s ETHA attracted $1.78 million while 21shares’ TETH saw $687,700 in inflows. However, a $2.45 million outflow from Fidelity’s FETH offset most of these gains, resulting in a marginal net inflow of just $17,210.

➡️ Solana ETFs continued to gain traction, posting $3.78 million in net inflows led by Bitwise’s BSOL with $3.05 million and Franklin Templeton’s SOEZ adding $728,870. Trading volume for solana totaled $35.49 million.

🚫 XRP ETFs saw no trading activity during the session, leaving net assets unchanged at $1.02 billion.

🔄 Friday’s flows indicate a cautious but notable return to bitcoin exposure after several days of selling pressure. Ether remained steady but lacked strong movement, while solana attracted consistent demand. XRP remained inactive, highlighting a week characterized by selective positioning rather than widespread risk-taking.