Crypto ETFs closed broadly lower in the latest trading session Friday despite strength in the underlying cryptocurrency market early Monday. Spot Bitcoin ETFs declined roughly 0.8%–1.0%, with IBIT falling 0.82%, FBTC losing 0.99%, and GBTC declining 0.94%. Bitcoin products recorded approximately $208 million in net daily outflows, driven primarily by a $202.5 million withdrawal from IBIT. Weekly flows remained positive at approximately $412 million.
Ethereum ETFs declined approximately 0.5%–0.8%, while 2× leveraged Ether products fell as much as 1.8%. Investor demand was comparatively stronger: Ethereum funds attracted approximately $19.1 million for the day and $213.8 million over the week, led by $14.9 million into FETH and $8.5 million into ETHA. Ethereum ETFs have also outperformed Bitcoin products over the past month, with most spot funds gaining approximately 17.5%–17.8%.
Solana and XRP ETFs were the weakest major categories. Spot Solana funds declined roughly 2.2%–2.4%, while 2× SOLT fell 5.1%. Solana products recorded $3.4 million in daily outflows but remained modestly positive for the week. XRP ETFs lost approximately 1.3%–1.6%, while leveraged XRP funds fell as much as 3.1%. XRP products generated about $718,000 in daily inflows and $7.3 million over the week.
Overall, the data show investors rotating toward Ethereum while reducing near-term Bitcoin exposure. Leveraged products amplified the declines across Bitcoin, Ethereum, Solana and XRP, although their one-month returns remain stronger following the recent crypto-market rebound.
The cryptocurrency market strengthened early Monday, with total market capitalization rising 1.2% to $2.30 trillion as of 6:00 a.m. ET. Ethereum led the major assets, gaining 4.3% to $1,965 and extending its seven-day advance to 5.5%. Bitcoin increased 1.2% to $65,252, while Solana rose 1.7% to $76.42 despite remaining slightly lower for the week.
DeFi tokens were the session’s strongest performers. Aave jumped 8.3% to $100.97, Ondo advanced 6.8%, and Uniswap gained 6.0%. Chainlink also climbed 4.3%, reflecting broader demand for decentralized-finance exposure. Within the metaverse segment, ApeCoin stood out with a 7.6% gain, while several smaller assets remained under pressure.
Performance was uneven beyond the market leaders. MemeCore declined 8.2%, Shiba Inu fell 7.9% despite retaining an 18.8% weekly gain, and Monero lost 3.6%. Avalanche and Polkadot each declined 2.1%, while Hedera slipped 1.1%. Overall, the market showed a constructive risk-on tone, led by Ethereum and DeFi, although weakness in meme coins and selected Layer-1 networks suggests investor participation remains selective.
