Bitcoin, Ethereum ETFs Shed Nearly All 2026 Gains as Rate Cut Hopes Fade
Bitcoin and Ethereum ETFs have lost nearly all their year-to-date gains, with $1.3 billion of $1.5 billion in inflows withdrawn during a four-day losing streak. In the past week, $454 million exited crypto exchange-traded products, and Bitcoin funds saw $405 million in outflows. However, short-Bitcoin funds also saw $9.2 million withdrawn, reflecting uncertainty in market sentiment. The primary cause is reduced expectations for a Fed rate cut in March, with futures markets now indicating a 72.7% chance rates will remain unchanged, up from previous forecasts of a cut. Still, prediction platforms suggest a 59% chance of a rate cut before July. In contrast to Bitcoin and Ethereum, altcoin products such as XRP, Solana, and Sui saw inflows of $45.8 million, $32.8 million, and $7.6 million, respectively. As of the latest data, Bitcoin gained 1% in the past day, Solana rose 2.2%, while XRP and Sui each dipped less than 1%.
