Bitcoin jitters resurfaced on Friday as the Invesco Galaxy Bitcoin ETF, BTCO, logged a $6.84 million outflow on February 13, 2026, according to fund disclosures. The redemption trimmed the ETF’s assets under management to about $421.6 million, with the latest move equating to roughly 1.62% of AUM leaving in a single session.
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The related asset, BTC-USD, is currently trading around $68,920.6 after a bruising three months that saw the price slide nearly 27.8%. Short-term signals remain bearish, with the one-day technical outlook flashing a firm Strong Sell, underscoring caution among traders despite Bitcoin’s elevated price level.
The size of the latest withdrawal suggests some institutional investors are locking in profits or cutting risk as volatility returns to the crypto complex. While the outflow is not yet large enough to signal a wholesale exodus from BTCO, it does highlight nervousness around Bitcoin’s medium-term trajectory after a steep drawdown from recent highs.
For now, BTCO’s asset base remains substantial, giving the ETF room to absorb selective selling without compromising liquidity or tracking efficiency. Yet if technical pressure on Bitcoin persists and further redemptions follow, market participants may increasingly question how durable the post-rally demand for spot Bitcoin products really is. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.