Despite the ongoing weakness in the cryptocurrency market, ETF development around digital assets has not slowed down. Several asset management firms are still submitting new product applications to regulators, demonstrating that institutional long-term demand for digital asset funds remains confident.
This month, Bitwise Asset Management submitted an ETF application related to Uniswap, and ProShares also plans to launch leveraged Bitcoin and Ethereum ETFs. Meanwhile, 21Shares resubmitted fund proposals based on Ondo and Sei, indicating that these projects are steadily progressing. Industry insiders believe these moves reflect issuers positioning themselves early during the market downturn, aiming to gain a first-mover advantage when sentiment recovers.
Strategas Chief ETF Strategist Todd Sohn told Bloomberg that institutions like 21Shares and Bitwise still see long-term potential in cryptocurrencies, but short-term weak performance may put some pressure on capital inflows. Currently, over 140 crypto-themed ETFs are trading in the U.S. market, with about 10 more expected to launch this year, and there is even potential for products like BNB staking ETFs in the future.
However, price declines have significantly impacted investor sentiment. After last October’s sell-off, Bitcoin has fallen again, dragging down a series of small and mid-cap tokens. Tight liquidity and reduced risk appetite have led some investors to temporarily exit the market.
Data from Glassnode shows that the average purchase cost for U.S. spot Bitcoin ETFs is around $84,100, while current prices hover near $66,000, causing many holders to be in unrealized losses. In recent months, Ethereum ETFs have experienced outflows exceeding $1.5 billion, while Bitcoin ETF outflows have surpassed $3.5 billion.
Nevertheless, ETF issuers continue to expand their product lines, indicating they are not shaken by short-term volatility. Market observers believe that as regulatory frameworks become clearer and institutional participation increases, cryptocurrency ETFs will remain an important bridge connecting traditional finance with digital assets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
MicroStrategy Expands Bitcoin Holdings to $50 Billion Despite Market Woes
MicroStrategy, now known as Strategy (NASDAQ: MSTR), expanded its Bitcoin holdings last week amid continued market challenges. The company purchased 2,486 Bitcoin, bringing its holdings to over 717,000 coins. This purchase, valued at nearly $50 billion, reflects Strategy’s unwavering commitment to B
CryptoBreaking13m ago
Tom Lee Expects 'Defining Year for Ethereum' as BitMine Buys ETH Amid 'Rock Bottom' Vibes
In brief
BitMine bought 45,759 Ethereum last week, bringing its total to 4.37 million ETH worth $8.68 billion.
Chairman Tom Lee remains bullish, expecting 2026 to be a "defining year for Ethereum" driven by tokenization, AI, and layer-2 adoption.
Ethereum is down 60% from its 2025 peak, a
Decrypt42m ago
ETH 15-minute increase of 1.04%: Macro liquidity easing and high on-chain activity driving a combined surge
From 16:00 to 16:15 (UTC) on February 17, 2026, Ethereum (ETH) achieved a +1.04% increase, with the price rising from $1,966.04 to $1,986.75. The short-term performance outperformed mainstream cryptocurrencies like BTC and SOL. Market activity has significantly increased, with 24-hour trading volume reaching $18.88 billion. Market attention continues to rise, and volatility has intensified.
The main drivers of this movement stem from macro-level liquidity improvements and technical bullish signals. First, the Federal Reserve initiated a moderate rate cut cycle in mid-February, leading to
GateNewsBot1h ago
Financial giant Jane Street increased its holdings by 7.1 million shares of IBIT in Q4 last year. The community rumors suggest that it is manipulating Bitcoin prices through high-frequency trading.
Jane Street increased its holdings by 7,105,206 shares of IBIT in the fourth quarter of last year, valued at $275 million. It now holds a total of 20,315,780 shares, worth $790 million. Meanwhile, BlackRock and Morgan Stanley also increased their holdings by over 2.37 million shares of IBIT.
GateNewsBot2h ago
BTC 15-minute slight decline of 0.24%: Short-term capital outflow suppresses price
From 14:30 to 14:45 on February 17, 2026 (UTC), the spot price of BTC experienced a slight decline, with the candlestick closing down 0.24%. During this short period, price volatility increased significantly, market attention rose month-on-month, indicating that some investors' sentiment is becoming more cautious.
The main driving force behind this fluctuation was short-term capital outflows, influenced by some contract leverage positions actively reducing their holdings. During this time window, BTC prices faced pressure and retraced. Additionally, mainstream derivatives holdings decreased slightly in tandem, and leverage trading activity declined, further impacting the spot market.
GateNewsBot2h ago
ETH 15-minute decline of 1.34%: On-chain fund outflows and profit-taking after the upgrade jointly exert pressure on the price
From 14:30 to 14:45 (UTC) on February 17, 2026, ETH price experienced a short-term decline of 1.34%. This fluctuation occurred during a high-liquidity period when European and American markets intersect, accompanied by increased order book volatility. The market showed a phased wait-and-see attitude regarding Ethereum's future direction. On-chain data indicates that the ETH mainnet saw a net outflow of up to 21,395.6 ETH within the previous 24 hours, significantly reducing short-term market liquidity support and acting as a trigger for this price decline.
The main driver of this fluctuation was large-scale on-chain fund transfers out of exchanges, leading to a decrease in available liquidity for buy orders.
GateNewsBot2h ago
