etf

US spot Bitcoin exchange traded funds have posted their second consecutive day of net inflows, marking the first such streak in nearly three weeks and signaling early signs of stabilization after a volatile market stretch.
On Monday February 9, 2026, US spot Bitcoin ETFs collectively recorded net inflows of approximately 145 million dollars, according to CoinGlass data. This follows positive flows from the prior trading session and comes after a period dominated by persistent outflows driven by broader market corrections and macroeconomic pressure.
Bitcoin, which slipped below 70,000 dollars in early February, has continued to trade closely in line with ETF flow trends. For many market participants, these flows remain one of the clearest indicators of institutional sentiment toward Bitcoin.

Recent Flow Trends and Market Context
The latest inflows stand out against a challenging recent backdrop. The week ending February 6 saw cumulative net outflows of roughly 318 million dollars across US spot Bitcoin ETFs, based on CoinShares data. Earlier in the month, several sessions recorded redemptions exceeding 600 million dollars in a single day as Bitcoin briefly traded as low as 64,000 dollars.
The last comparable period of consecutive inflows occurred in late January 2026, when US spot Bitcoin ETFs attracted more than 1 billion dollars over a single week. While the current figures are smaller by comparison, the shift back to positive territory suggests renewed accumulation activity, likely driven by dip buying among longer term investors.
Since launch, US spot Bitcoin ETFs have accumulated more than 55 billion dollars in net inflows and now collectively hold over 690,000 BTC as of February 10, 2026. In BTC terms, Lookonchain estimates that February 9 alone saw a net addition of approximately 3,286 BTC, even as broader weekly flows remain slightly negative. This highlights increasingly selective positioning rather than broad based exits.

Issuer Level Breakdown
Inflows were unevenly distributed across ETF providers, reflecting shifting investor preferences around liquidity, cost structures, and product design.
ARK 21Shares Bitcoin ETF led the day with inflows of approximately 200.6 million dollars, equivalent to around 2,860 BTC. VanEck Bitcoin Trust followed with 170.7 million dollars, while Franklin Bitcoin ETF attracted 86.8 million dollars in new capital.
Grayscale’s Bitcoin Mini Trust recorded the largest BTC denominated inflow at roughly 1,860 BTC, valued near 130 million dollars. Fidelity Wise Origin Bitcoin Fund added a more modest 44.1 million dollars.
Notably, BlackRock’s iShares Bitcoin Trust, typically the dominant inflow leader, posted a net outflow of approximately 297.4 million dollars. Despite this, overall ETF flows remained positive, suggesting capital rotation toward mid tier products rather than broad risk reduction.

Market Implications and Outlook
The back to back inflows point to a cautious improvement in sentiment as Bitcoin consolidates near the 70,000 dollar level. Historically, sustained ETF inflows have often preceded periods of price strength, although current activity remains muted compared with earlier 2026 peaks.
Broader crypto ETF performance remains mixed. Ethereum ETFs recorded net outflows of around 112 million dollars, while Solana based products saw approximately 12 million dollars in redemptions. This divergence reinforces Bitcoin’s role as the primary institutional entry point within the digital asset market during periods of uncertainty.
Looking ahead, traders and allocators will closely monitor whether ETF inflows can extend into a third consecutive session. Continued positive flows could provide structural support for Bitcoin’s recovery and strengthen the case for renewed institutional accumulation as the market searches for direction.
#etf $BTC

US spot $XRP ETFs have pulled in $1.22 billion in cumulative net inflows since launching on November 13, 2025, making them the second-fastest crypto ETF to cross the billion-dollar mark after $BTC . That number alone is impressive. What makes it remarkable is that this happened while Bitcoin and Ethereum ETFs were bleeding capital.
How Are XRP ETFs Performing Compared to Bitcoin and Ethereum?
The contrast is hard to ignore. In early 2026, Bitcoin ETFs posted $681 million in weekly outflows. #Ethereum ETF inflows dropped near zero. During the same period, XRP ETFs raised $56.83 million.
As of February 6, 2026, $XRP ETF total net assets sat at $1.04 billion, roughly 1.17% of XRP's total market cap. Daily trading volume hit $54.09 million on that date, with a net inflow of $15.16 million. For context, DOGE ETFs hold less than $9 million in total assets. The gap between XRP and most altcoin ETF products is significant.
The growth trajectory tells the story. On launch day, cumulative inflows were $5.15 million. By late November, that figure climbed to $666.61 million. By late December, it crossed $1 billion. Post-launch, the funds ran 35 consecutive trading days without a single redemption, a streak unmatched by any other crypto ETF. That ended on January 7 with a $40.8 million outflow, driven almost entirely by 21Shares' TOXR. Capital returned within days, with $38.1 million flowing back the following week.
Then came a bigger test. On January 20, XRP ETFs posted their largest single-day outflow of $53.32 million, led by Grayscale's GXRP. But that happened during a broader $1.73 billion weekly exodus from crypto products. Bitcoin ETFs lost $426 million that same day. Even after that drawdown, cumulative XRP inflows held at $1.22 billion by early February, and the week ending February 6 saw $44.95 million in fresh inflows.
Which XRP ETFs Are Leading the Pack?
As of February 6, 2026, Canary XRP ETF (XRPC) on Nasdaq led with $408.84 million in cumulative net inflows and $273.44 million in net assets. The Bitwise XRP ETF (XRP) on the NYSE surged to second place, with $357.89 million in cumulative inflows and $263.55 million in net assets. Franklin XRP ETF (XRPZ) was close behind at $322.91 million in cumulative inflows and $233.39 million in net assets. 21Shares (TOXR) held $178.46 million in net assets, while Grayscale XRP Trust ETF (GXRP) sat at $137.36 million in cumulative inflows and $86.22 million in net assets after heavy outflows earlier this year.
The rankings have shifted fast. Back in December, Grayscale held the number two spot. Now Bitwise and Franklin have blown past it, with both funds consistently leading daily inflows in recent weeks. That kind of rotation signals growing institutional conviction from issuers with deep distribution networks.

Why Are Investors Buying XRP ETFs During Market Weakness?
XRP's price took a 17% hit at one point, dropping to $1.11 before partially recovering. Even with the token currently sitting around $1.39, ETFs continued adding between $24 million and $40 million weekly during the worst of the volatility. Compare that to Bitcoin, which saw a single-day outflow of $545 million. The broader crypto ETP market shed $454 million during one of those stretches. XRP ETFs kept accumulating.
That pattern suggests institutional investors are treating XRP differently from the rest of the market. Analysts point to several factors driving this resilience. Ripple's RLUSD stablecoin has reached a $235 million market cap. Real-world assets on the XRP Ledger now total $281 million. Ripple's acquisitions of Hidden Road and GTreasury expand its institutional footprint. On the regulatory front, OCC trust bank approval and a UK EMI license have removed some of the uncertainty that hung over XRP for years.
What Comes Next for XRP ETFs?
Projections from Standard Chartered analyst Geoffrey Kendrick suggest XRP could reach $8 by end of 2026, with estimates that ETF inflows could hit $4 billion to $8 billion if current trends hold. More conservative analyst forecasts cluster around $3 to $3.50.
The numbers paint a clear picture. While other crypto ETFs struggle with outflows, XRP products are attracting steady capital from institutions that appear to be rotating toward utility-focused assets. Whether that momentum holds through 2026 depends on broader market conditions and Ripple's continued ecosystem expansion, but the data since launch makes a strong case.
This article is my own research and opinion don't perform any action without your own research.
#bullishleo #xrp #etf

The recent filing for an ONDO ETF by 21Shares has pushed the token back into the spotlight, reviving discussions around institutional exposure and long-term potential. However, despite the positive narrative surrounding the ETF development, ONDO’s price action over the past few weeks paints a far less optimistic picture.
Rather than signaling a clear trend reversal, ONDO has continued to trade near local lows, highlighting a growing disconnect between market narrative and actual price structure.
Price Reaction Appears Market-Driven, Not ETF-Led
Over the past 24 hours, ONDO recorded a price increase of nearly 8%, bringing it close to the $0.25 level. While this rebound has attracted short-term attention, it has occurred alongside a broader recovery across the crypto market.
As a result, it remains difficult to attribute ONDO’s recent move directly to the ETF filing itself. Current buying pressure appears to be largely beta-driven, following overall market momentum rather than reflecting fresh, token-specific demand.
Despite the short-term bounce, ONDO continues to trade below key structural levels that were previously broken during the downtrend. Each attempt to reclaim higher price zones has been met with renewed selling pressure, reinforcing the ongoing dominance of sellers.
Historically, similar recovery attempts have failed quickly, further consolidating bearish control. Volatility has expanded only briefly during broader market rallies, before compressing again — a pattern that typically signals reactive price movement rather than sustainable accumulation.
As such, while the ETF news has restored visibility to ONDO, short-term price behavior remains dictated by overall market direction, not by a fundamental shift driven by the ETF narrative.
Bears Defend Broken Structure as Downside Risk Persists
ONDO continues to face notable resistance as sellers actively defend previously lost structural levels, keeping downside risk elevated despite a slowing pace of decline.
On the daily timeframe, price action has been consistently rejected below $0.356, a former support zone that has now flipped into resistance. ONDO’s repeated failure to reclaim this area underscores the continued strength of supply, which has capped every meaningful recovery attempt so far.
Within this context, the $0.20 level is emerging as the next critical demand zone. This area previously served as a prolonged accumulation range and generated strong historical reactions. Should selling pressure intensify again, a move toward this region remains a primary downside scenario.
Momentum indicators continue to reflect weak underlying strength, reinforcing the view that current rebounds lack the conviction needed for a sustained recovery.
Leverage Declines as Traders Reduce Exposure
Activity in the derivatives market has cooled significantly, signaling a shift in trader behavior from aggressive positioning to capital preservation.
Total derivatives trading volume has dropped sharply by 40.51%, falling to approximately $227.96 million. This contraction suggests that speculative capital is actively exiting, rather than rotating into new directional bets.
At the same time, open interest declined by 1.50% to $68.52 million. The combination of falling volume and decreasing open interest typically reflects deleveraging, as traders close existing positions instead of opening new ones.
Market participants appear increasingly reluctant to chase price in a downtrend or to preemptively position for a recovery. This behavior points to eroding confidence within the derivatives market, even as some liquidity remains.
Importantly, the relatively modest decline in open interest suggests a selective withdrawal rather than widespread panic. Liquidity is still present, but noticeably thinner — meaning that even modest capital flows could trigger outsized price movements.
Funding Rate Turns Negative as Shorts Gain Control
Funding rates have shifted into negative territory, confirming a clear transfer of control toward sellers in the ONDO derivatives market.
At the time of observation, funding rates hovered around -0.0024%, indicating that long positions are paying fees to short positions. This dynamic reflects market consensus leaning toward continued downside risk, rather than expectations of a near-term rebound.
That said, persistently negative funding rates often carry secondary implications. When short positioning becomes overcrowded, the market tends to grow increasingly sensitive to sharp upward moves, raising the risk of unexpected short squeezes.
However, as long as ONDO remains unable to reclaim key resistance levels on the chart, funding rates are better interpreted as a reflection of prevailing sentiment, not as a precise timing signal.
Overall, the current funding environment suggests a defensive market stance, with latent volatility building beneath the surface.
Liquidation Zones Highlight Near-Term Risk Boundaries
Liquidation heatmaps further clarify ONDO’s short-term risk landscape, revealing tightly packed leverage clusters that form critical liquidity thresholds.
A significant concentration of leveraged short positions sits above the $0.27 level, making this area particularly sensitive in the event of a strong upward move. Any sustained push higher could quickly place pressure on bearish positions.
Conversely, long liquidations are clustered between $0.24 and $0.23, just below the current price. A breakdown into this zone could trigger a cascade of long liquidations, accelerating downside momentum.
This structure effectively traps traders within a narrow volatility corridor, where leverage is heavily compressed and liquidity hunts become increasingly likely. In such conditions, the direction of the breakout may matter less than the magnitude, as forced liquidations can significantly amplify price movement once the range is breached.
ETF Narrative vs Market Reality
While the ONDO ETF filing has undeniably brought renewed attention to the token, market structure continues to dominate price behavior.
Persistent rejection below $0.356, weakening derivatives volume, and sustained negative funding rates all point toward a market that remains defensive rather than accumulative. Meanwhile, the dense concentration of liquidation zones increases volatility risk without providing clear directional conviction.
At this stage, the ETF narrative appears to function more as a speculative talking point than a genuine catalyst for trend reversal. Until ONDO can reclaim key technical levels with confirmation from volume and capital inflows, downside risk remains firmly in play.
Disclaimer:
This article is for informational purposes only and reflects market data and publicly available information. It does not constitute financial or investment advice. Readers should conduct their own research before making any investment decisions. The author is not responsible for any losses incurred.
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#CryptoNews #ONDO #etf

On February 5, 2026, Bitcoin recorded one of its sharpest short-term declines of the year. Within hours, fear-based narratives spread across social media, suggesting that the market was collapsing and investors were abandoning crypto.

But according to Jeff Park, Chief Investment Officer at Procap, this interpretation missed the real story.

This was not a panic-driven crypto crash.
It was an ETF-driven liquidity event.
A Structural Shift in Bitcoin’s Market

Bitcoin is no longer traded mainly by miners, retail traders, and crypto-native funds.

Since the launch and growth of spot Bitcoin ETFs, a large portion of daily volume now flows through traditional financial institutions. Hedge funds, asset managers, and portfolio allocators have become major price drivers.

As a result, Bitcoin now reacts to Wall Street mechanics in ways it never did before.

February 5 was a clear example of this shift.

How ETF Selling Pressured the Market

When investors sell shares of a spot Bitcoin ETF, the issuer must redeem those shares.

To complete the redemption, the issuer sells actual Bitcoin in the open market.

On Feb. 5, several institutional investors reduced exposure due to broader market uncertainty, portfolio rebalancing, and risk management.

This triggered:
• Large ETF redemptions
• Forced BTC selling
• Sudden supply entering the market

The selling did not come from emotional traders.
It came from automated institutional processes.

TradFi Deleveraging Was the Real Trigger

At the same time, traditional financial markets were under pressure.

Bond yields were rising.
Equity volatility was increasing.
Liquidity was tightening.
Margin requirements were rising.

When major funds face stress, they reduce risk across all asset classes.

Bitcoin, now connected to TradFi through ETFs, became part of this deleveraging cycle.

It was treated like any other high-volatility asset.

Not as a special case.

Why the Drop Accelerated So Quickly

Market structure amplified the move.

Before the sell-off:
• Buy-side liquidity was thin
• Traders were cautious
• Order books lacked depth

When ETF-related selling started, there were not enough strong bids to absorb the volume.

This created a temporary liquidity vacuum.

Prices moved lower rapidly, not because of panic, but because of imbalance.

What On-Chain Data Revealed

While price was falling, blockchain data told a different story.

Key observations during the drop included:
• Limited selling by long-term holders
• No extreme exchange inflows
• Continued wallet accumulation
• Stable whale positioning

This suggests that core crypto investors were not exiting.

They were holding.

The dominant selling pressure came from ETF mechanisms, not from on-chain participants.

Bitcoin’s New Market Reality

February 5 highlighted a new reality for Bitcoin.

Price is now influenced by:
• ETF flows
• Institutional risk models
• Portfolio rebalancing
• Global liquidity conditions

This means future corrections may resemble stock market drawdowns more than traditional crypto crashes.

They will often be fast, technical, and liquidity-driven.

Understanding this is essential for modern investors.

Lessons for Traders and Investors

The February 5 event offers several important takeaways:

Not every decline reflects weakness.
ETF flows matter as much as on-chain data.
Traditional finance now plays a central role.
Liquidity conditions can override sentiment.
Market structure matters more than headlines.

Those who study these dynamics gain an edge.

Those who react emotionally fall behind.

Final Perspective

Bitcoin’s Feb. 5 decline was not a loss of confidence in crypto.

It was the result of:

ETF redemptions.
Institutional deleveraging.
Temporary liquidity imbalance.

As Jeff Park explained, this was an ETF event, not a crypto panic.

In 2026 and beyond, understanding how traditional finance interacts with Bitcoin is no longer optional.

It is a requirement for long-term success.

#Bitcoin #CryptoNews #etf #MarketAnalysis #BinanceSquare