Bitcoin ETFs shed $166M as BTC heads for worst start in years

CoinTelegraph

by Helen Partz

February 20, 2026

AI-Generated Deep Dive Summary

Bitcoin ETFs have experienced significant outflows, with $165.8 million lost on Thursday alone, bringing weekly losses to over $403 million. This trend has pushed them closer to a potential five-week streak of outflows, with year-to-date redemptions totaling $2.7 billion. The decline in Bitcoin ETFs coincides with Bitcoin's weak performance at the start of the year, which is shaping up to be one of its worst beginnings. The selling pressure on U.S.-listed spot Bitcoin ETFs has been persistent, with analysts noting the cryptocurrency's challenging start. These outflows have created a concerning trend, as $165.8 million in losses on Thursday alone highlight the ongoing investor sentiment. The cumulative effect of these redemptions brings the total year-to-date losses to $2.7 billion, underscoring a sustained period of selling. This situation is crucial for crypto investors and enthusiasts as it reflects broader market dynamics. The outflows from Bitcoin ETFs often mirror investor confidence levels

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Originally published on CoinTelegraph on 2/20/2026