Bitcoin jitters resurfaced on Friday as the Invesco Galaxy Bitcoin ETF, BTCO, logged outflows of $6.84 million on February 13, 2026. The redemption amounts to roughly 1.54% of its $443.28 million in assets under management, signaling a notable shift in investor positioning rather than routine portfolio noise.
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The related asset, BTC-USD, is currently trading at $66,794.90 after sliding 27.66% over the past three months. Short-term momentum remains fragile, with the one-day technical signal flashing a bearish Strong Sell, suggesting ETF investors may be bracing for further volatility.
BTCO’s latest outflow highlights how quickly sentiment can sour around spot Bitcoin products when price momentum turns against the trade. While the withdrawal is still modest relative to overall AUM, persistent redemptions at this pace could tighten liquidity and amplify swings in both the ETF and the underlying crypto market.
The combination of sizable recent losses in Bitcoin and a deteriorating technical backdrop is nudging some institutional and retail holders toward the sidelines. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.