Yes there is no btn-xs in Bootstrap 4, you will have to create this class your self. In the scss/mixins/_buttons.scss you will find the mixin called button-size so in you SCSS code use the following code:
.btn-xs {
// line-height: ensure proper height of button next to extra small input
@include button-size($padding-y, $padding-x, $font-size, $line-height, $border-radius);
}
I have extracted CSS from the Old Version of Bootstrap. You can use the below mentioned CSS style in your custom stylesheet. With the help of class named btn-xs, you can use the old style for your button.
<link rel="stylesheet" href="https://v4-alpha.getbootstrap.com/dist/css/bootstrap.min.css">
<button class="btn btn-primary btn-xs">This is Small Button</button>