The recent weekly breakdown of the crypto Exchange-Traded Funds (ETFs) in the middle of February by Arkham indicates that the institutional sentiment has changed significantly, and Bitcoin and Ethereum have suffered significant net outflows.
Although the larger market was experiencing selling pressure on the part of the major asset managers, Solana was able to defy the trend by recording a positive net inflow.
BlackRock is the leading player in the market, as it is already the net ETF leader in Bitcoin (96% of the net volume) and Ethereum (83.7% of the net volume). Although this is a huge market share, the largest asset manager in the world was the main cause of these liquidations this week, casting doubts on the short-term instability of institutional positioning.
Institutional Cool-Off for Bitcoin and Ethereum
The total net outflow in Bitcoin ETFs was -315.9 million in the last week, which is an indicator that the most popular crypto asset is going through a phase of correction.
Interestingly, the largest seller was BlackRock, which sold as much as $303.5 million of its holdings. The Grayscale Bitcoin Mini ETF was the biggest buyer on the other side of the trading, with the inclusion of $36 million in net inflows. The case was no exception for Ethereum, which experienced net outflows of 123.3 million in total.
BlackRock was again in the head-on selling position, with outflows amounting to $102 million, and 21Shares had a slight upward movement of $700,000. These numbers are indicative of the fact that, although the long-term institutional structure is operating, the large managers are making profits or are rebalancing their portfolios in response to recent market shifts.
Solana Defies the Market Trend
However, unlike the two biggest crypto assets, the Solana (SOL) ETFs experienced a positive net inflow of a total of 13.9 million this week. This marks an important trend, and it indicates that institutional interest is not converging on Bitcoin and Ethereum.
Bitwise was the major source of this growth, and it added up to 11.7 million to the overall weekly inflows.
Most striking of all was the fact that the net weekly outflows of Solana were negative in all cases, indicating that all the significant funds in this category remained stagnant or improved their positions.
This long-term interest in Solana indicates that the financial institutions are starting to see it as a part of a new digital asset portfolio, probably because of its high performance and rising ecosystem.
The Dominance of BlackRock in the Crypto Space
BlackRock’s market share of crypto ETFs remains unparalleled, even in the face of recent weekly outflows. Today, the company represents almost all the activity, with almost 96% of the volume of the Bitcoin ETF and more than 80% of Ethereum.
Such concentration implies that the trading decisions made by BlackRock can shift market sentiment by a single individual.
Once such a firm starts to sell, even in small percentages against their total holdings, this may cause great noise in the weekly data. Nevertheless, several analysts consider that such moves are a normal asset management exercise and not due to untrustworthiness towards the technology behind it.
What These Flows Mean for the Near Future
The outlier between selling in Bitcoin/Ethereum and buying in Solana shows that there is a maturing market that is increasingly interested in other top assets as well among the investors.
The outflow of 315.9 million dollars in Bitcoin is a safe move by some of the largest financial institutions in the world, but the consistent buildup of Solana indicates that the risk of crypto is still healthy.
As we enter more into 2026, these weekly flow reports are proving to be a necessary instrument in knowing where smart money is flowing. The week under discussion was characterized by outflows, but the large volume and the active involvement of such companies as Grayscale and Bitwise evidence that the institutional crypto infrastructure is more robust than ever.
from Crypto News: Bitcoin, Ethereum & Price Data | BlockchainReporter https://ift.tt/QbNrM0o
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