Crypto Today: Bitcoin Struggles Below $68K, ETFs See Outflows & Institutional and Market Sentiment Stay Mixed

Crypto Today: Bitcoin Struggles Below $68K, ETFs See Outflows & Institutional and Market Sentiment Stay Mixed

1. Bitcoin Trades Near $67,600 as Weakness Persists

Bitcoin continued to trade under pressure, hovering around $67,643, down modestly in the past 24 hours as market volatility remains elevated and sentiment weak. Ethereum traded near $1,995, reflecting ongoing pressure around psychological levels.
📎 Source: CoinCodex market data — Feb 18, 2026
https://coincodex.com/article/81918/daily-market-update-for-february-18-2026/?utm_source=chatgpt.com (coincodex.com)


2. Crypto ETFs See Continued Outflows After Brief Reprieve

U.S. spot Bitcoin and Ethereum ETFs recorded net outflows again on Feb 17, reversing a short-lived inflow. Multiple products contributed to the outflows, with BlackRock’s IBIT seeing significant outflow while some Grayscale products saw minor inflows.
📎 Source: CoinNess crypto ETF live feed — Feb 18, 2026
https://coinness.com/en/news/1028178 (coinness.com)
And broader weekly ETF data show spot ETF outflows hitting ~$1.7 billion, highlighting sustained distribution pressure in major products.


3. BlackRock/ Coinbase Reveal ETH ETF Staking Revenue Structure

BlackRock and Coinbase confirmed in an amended SEC filing that their proposed iShares Staked Ethereum Trust ETF will retain 18% of staking rewards, with the remainder going to investors — revealing one of the clearest staking economics to date in a regulated ETF framework.
📎 Source: Crypto.News — BlackRock & Coinbase ETH ETF staking split
https://crypto.news/blackrock-coinbase-eth-etf-staking-revenue-2026/ (crypto.news)


4. Market Sentiment Still Deep in Fear, Mixed Coin Moves

The broader crypto market sentiment remains entrenched in extreme fear, with the Fear & Greed Index very low and overall cap slightly down. Despite this, a few altcoins posted outsized gains — e.g., World Liberty Financial (WLFI) rose ~18%, and Convex Finance and Jito also showed strength, signaling localized rotation within a generally bearish environment.
📎 Source: CoinCodex top movers & market sentiment — Feb 18, 2026
https://coincodex.com/article/81918/daily-market-update-for-february-18-2026/?utm_source=chatgpt.com (coincodex.com)


Takeaway

Feb 18 reflects a market that’s in consolidation with continued defensive positioning:

  • Bitcoin remains weak below key levels.

  • Crypto ETFs are seeing net outflows, underlining institutional caution.

  • Structural product details (like ETH ETF staking cuts) are emerging, shaping how institutional products might perform.

  • Some altcoins still rally, showing that capital is selective.

Overall, crypto markets still look for a decisive catalyst — whether macro, regulatory, or institutional — to flip sentiment from fear to confidence.


Sources

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