Solana, XRP draws gains despite rising 4-week crypto ETP flow
Digital asset investment products saw more than $173 million in withdrawals last week. Bitcoin and Ethereum recorded the biggest flows amid broader price weakness. Solana and XRP have maintained their flow rate despite the general decline.
Digital asset investment products recorded another week of outflows, extending the capital flight to four weeks.
As seen throughout the day, Bitcoin and Ethereum led the negative trend with investors cautious amid key drivers of market volatility and positive sentiment.
However, CoinShares reports that Solana and XRP have seen a steady stream of revenue despite recent price declines.
Crypto ETP flows last up to four weeks
According to James Butterfill, head of research at CoinShares, digital asset investment products saw $173 million in outflows for the fourth consecutive week to February 13, 2026.
The redemptions bring the total for the four-week run to more than $3.7 billion, Butterfill wrote in a weekly report published Monday.
CoinShares announced on Monday, February 9, 2026 that the week started on a positive note with $575 million in revenue.
However, that turned red as risk assets sold off, pushing $853 million from crypto exchange-traded products midweek.
That plunge coincided with fresh price weakness across major cryptocurrencies, a situation exacerbated when BTC touched new lows around $60k.
Gains in stocks and cryptocurrencies were slightly more pronounced on the latest CPI data release.
According to Butterfill, the market posted $105 million in revenue on Friday.
However, net flows remained negative for the week. ETP trading volume dropped sharply to $27 billion from last week's $63 billion.
Analysts note that this pattern reflects a general profit-taking and risk-averse environment.
Looking at regional distribution, US-based products will continue to bear the cost burden.
Solana and XRP are bucking the outflow trend
Although BTC and ETH led the way in terms of outflows last week, a few altcoins showed strength.
The market has shown strong institutional interest in Solana and XRP despite pressure on prices.
Last week, XRP ETFs and other digital asset investment products attracted $ 33.4 million, Solana attracted more than $ 31 million.
Both altcoins are building at $48.5 million for SOL and $62.9 million for XRP last week, CoinShares data shows.
Elsewhere, virtual network Chainlink ( LINK ) saw inflows, albeit a modest $1.1 million.
According to Butterfill, the earnings reflect strong sentiment across key coins, indicating investors' confidence in select altcoin markets.
Bitcoin and Ethereum ETP lead the weekly flow
Bitcoin experienced its heaviest weekly run as bears showed their strength.
The data shows that investors have spent more than $133 million from various BTC-related products.
Uncertainty meant short Bitcoin investment products added to the overall pressure, recording a total of $15.4 million outflows over the past two weeks.
Ethereum, which saw more than $85 million in outflows amid waning investor appetite, took a similar view.
