Valentine’s Day Brings Bitcoin and Ethereum ETF Outflows Amid Market Jitters

On February 14, Bitcoin spot ETFs recorded a net outflow of 1,765 BTC, valued at approximately $171.06 million, according to Lookonchain. Fidelity, a major player in the market, saw 982 BTC leave its Bitcoin ETF, worth around $95.21 million. Despite holding 207,542 BTC valued at $20.11 billion, these outflows raise concerns about market sentiment.

This marks the fourth consecutive day of outflows since February 10, totaling about $650.76 million. Despite the recent withdrawals, cumulative net inflows stand at $40.05 billion, with total net assets valued at $112.49 billion in Bitcoin. The market remains in flux, balancing Coinbase's (NASDAQ:COIN) strong earnings report of $2.27 billion revenue and 179% quarterly growth against challenges such as rising CPI and ongoing tariff tensions.

Ethereum ETFs also experienced pressure, with net outflows of 5,514 ETH, worth approximately $14.89 million. Grayscale's ETHE saw the most significant impact, losing 11,375 ETH. Despite this, Grayscale maintains 1,304,767 ETH, valued at $3.52 billion.

Investors are closely watching these movements to gauge market trends. While Coinbase’s earnings signal optimism, macroeconomic concerns continue to weigh on sentiment. The ongoing fluctuations in Bitcoin and Ethereum ETF flows highlight the volatility and uncertainty currently shaping the cryptocurrency market.