Bitcoin Chill Deepens as Franklin’s EZBC ETF Sees Nearly 1% of Assets Walk Out

Bitcoin Chill Deepens as Franklin’s EZBC ETF Sees Nearly 1% of Assets Walk Out

The Franklin Bitcoin ETF, EZBC, recorded outflows of $3.79 million on February 13, 2026, underscoring renewed caution around spot Bitcoin exposure. The withdrawal represents roughly 0.99% of the fund’s $384.7 million in assets under management, a meaningful single-day shift for a relatively young crypto vehicle.

The related asset, BTC-USD, is currently trading at $69,566.01 after a bruising three months, during which it has shed about 31% of its value. Short-term momentum remains weak, with a one-day technical signal flashing Sell, suggesting traders are still inclined to fade rallies rather than buy dips.

The combination of sizable outflows and adverse price action hints that some investors are locking in profits or cutting risk as volatility grinds higher. For ETF allocators, the nearly 1% drawdown in AUM from a single session may signal the start of a more defensive stance toward Bitcoin-linked products if downside pressure persists.

Still, with Bitcoin holding well above prior cycle lows, longer-term bulls may see current levels as a consolidation phase rather than the start of a deeper bear market. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.