Digital-asset ETFs experienced broad selling pressure as investor sentiment weakened across Bitcoin, Ethereum, XRP, and Solana markets. Spot Bitcoin ETFs declined approximately 4.33%–4.45%, while leveraged products experienced steeper losses ranging from 7.32% to 8.76%. Fund flows reflected continued caution, with IBIT recording $269.74 million in one-day outflows, followed by GBTC at $39.13 million and BITO at $10.82 million. Over the past month, spot Bitcoin products have declined approximately 14%, highlighting sustained pressure on digital-asset valuations.
Ethereum ETFs also faced significant weakness, with spot products falling between 3.03% and 3.23% and leveraged funds declining as much as 6.70%. ETHA recorded $129.78 million in daily outflows, while ETHW and EZET experienced additional redemptions. XRP-linked ETFs declined approximately 2.68%–3.01%, with leveraged exposure falling as much as 6.00%. Solana products experienced similar selling pressure, with spot ETFs losing 4.11%–4.47% and leveraged funds declining approximately 8.62%–8.89%. Monthly performance remained particularly weak across Ethereum, XRP, and Solana, with leveraged products in several categories experiencing losses approaching 45%.
The broader cryptocurrency market reinforced this negative trend. As of 6:00 AM ET, total digital-asset market capitalization declined 4.6% to $2.39 trillion. Bitcoin fell 5.5% to $69,327, while Ethereum declined 4.5% to $1,952. XRP traded at $1.02, down 2.7%, and Solana slipped 3.1% to $80.37. Despite the widespread weakness, select digital assets posted gains, including Pepe and MemeCore, both advancing 2.3%, and Hyperliquid, which rose 1.7%. Gram led notable decliners with a 7.6% loss, followed by Celestia at 6.8%, Uniswap at 5.9%, and Hedera at 5.5%.
Within decentralized finance, performance remained mixed, with Osmosis gaining 10.7%, Lighter advancing 2.1%, The Graph rising 1.2%, and GMX adding 1.0%. These isolated gains contrasted with the broader market downturn, suggesting that investor interest remained concentrated in select projects rather than the digital-asset sector as a whole.
Overall, the November 13 session reflected continued risk aversion, substantial institutional ETF outflows, and persistent downward pressure across major cryptocurrencies. While select altcoins and DeFi tokens demonstrated resilience, broad market performance and weak monthly returns suggested that digital assets remained vulnerable to further volatility.
