U.S. Crypto Funds Shed $403M Amid Price Weakness: CoinShares

Yahoo News · Feb 17, 2026

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U.S. Crypto Funds Shed $403M Amid Price Weakness: CoinShares

U.S. investors continued to exit crypto funds, while the rest of the world is buying the dip. Digital asset investment products saw their fourth consecutive week of outflows, totaling $173 million, according to CoinShares' latest report. The stretch has now erased a staggering $3.74 billion from crypto funds over the past four weeks.

But the headline number masks a sharp regional divide. The United States accounted for $403 million in outflows, while Europe and Canada recorded $230 million in inflows—suggesting that international investors are using the opportunity to buy the dips where U.S. counterparts see risk.

This divergence signals that institutional sentiment in the U.S. has turned decisively cautious, even as global allocators step in to catch a falling knife. Bitcoin products led this exodus among American investors. Though the flagship crypto bore the brunt of the selling with $133.3 million in outflows last week, short Bitcoin investment products also saw outflows totaling $15.4 million over the past two weeks—a pattern often seen near market lows.

Ethereum funds suffered $85.1 million in outflows, while Hyperliquid shed $1 million. The price action tells a similar story. Bitcoin is down 2% over the past 24 hours and trading at $69,000. Major altcoins, including Ethereum, Solana, and XRP, are down slightly or flat over 24 hours—showcasing a market drained of volatility and direction.

XRP and Solana funds continued their recent streak of resilience, attracting $33.4 million and $31 million in inflows, respectively. Chainlink rounded out the winners with $1.1 million in new capital.

The resilience of Solana is evident in certain prediction markets, where users assign a 52% chance that Solana would hit $150 before silver.

However, not every altcoin bled from a price action standpoint. Select tokens posted double-digit gains over the past week.

It reflects renewed retail risk appetite rather than structural conviction. The recent altcoin surge stems mainly from renewed retail risk appetite after softer U.S. inflation data.

Crypto Traders Rotate Into Select Altcoins as Bitcoin Stalls

The ongoing rally in altcoins is a classic sign of capital rotation away from Bitcoin. Capital and attention flow to altcoins, especially when Bitcoin is less volatile and consolidating.

"Short-term momentum may continue, but sustainability will require new fundamental drivers or macro stabilization to avoid fading into pure speculation," an analyst added.

This article has been published in decrypt.co via Yahoo News.