A significant decline has hit US-based spot Bitcoin Exchange-Traded Funds (ETFs), with a substantial loss of approximately $2.6 billion in value so far this year. That’s a notable drop. This has sparked widespread interest and concern among cryptocurrency enthusiasts and investors alike. A prominent Bitcoin developer, Matt Corallo, has recently weighed in on the debate surrounding the reasons behind the recent sell-off. He dismisses quantum as a primary factor. These events, along with several other noteworthy occurrences, have defined the cryptocurrency landscape over the past week, from Feb. 15 to Feb. 22. It’s been a week that has seen a lot of discussion and analysis in the crypto community. The year 2026 has already been marked by significant changes in the crypto market, and this decline is just one of them. The fact that US-based spot Bitcoin ETFs have lost so much value is a significant development, and one that will likely continue to be felt in the coming weeks and months. The cryptocurrency landscape is constantly evolving, and this decline is just one of the many factors that will shape the market in the days ahead.
