According to Lookonchain, on February 19, Bitcoin ETFs experienced a net outflow of 510 BTC, equivalent to $49.92 million, primarily driven by Fidelity's outflow of 502 BTC valued at $49.1 million. Fidelity currently holds 207,826 BTC, amounting to $20.34 billion. Conversely, Ethereum ETFs saw a net inflow of 9,368 ETH, totaling $25.9 million, with Fidelity contributing significantly with an inflow of 8,997 ETH worth $24.87 million. Fidelity's current holdings in Ethereum reach 467,650 ETH, valued at $1.29 billion.

According to Lookonchain, the net flow for Bitcoin ETFs on February 4th showed an outflow of 2,094 BTC, equivalent to $209.53 million. Notably, Fidelity experienced significant outflows amounting to 1,790 BTC, valued at $179.12 million, yet maintains a substantial holding of 211,843 BTC, worth $21.2 billion. Conversely, Ethereum ETFs recorded an inflow of 10,314 ETH, totaling $29.09 million. Fidelity's Ethereum inflows were substantial, with an addition of 18,156 ETH, valued at $51.2 million, bringing their total holding to 437,658 ETH, valued at $1.23 billion.

According to Lookonchain, January 15 saw significant outflows from Bitcoin and Ethereum ETFs. Bitcoin ETFs experienced a net outflow of 3,062 BTC, equivalent to $302.76 million, primarily driven by Blackrock's (iShares) outflow of 2,274 BTC worth $224.9 million. Blackrock currently holds 553,993 BTC, valued at $54.78 billion. Meanwhile, Ethereum ETFs saw a net outflow of 16,114 ETH, totaling $53.01 million, with the Grayscale Ethereum Mini Trust accounting for 12,250 ETH or $40.3 million of that outflow. These movements could indicate a short-term bearish sentiment among institutional investors.