Digital-asset ETFs were broadly weaker in the latest session, although flows into the largest spot Bitcoin and Ethereum products remained positive. Bitcoin ETFs generally fell around 0.7%–0.9%, with IBIT down 0.76% and FBTC down 0.71%. Despite the declines, IBIT attracted approximately $97.0M of 1-day inflows, bringing its 1-week inflows to roughly $1.16B and 1-month inflows to $1.88B. FBTC added approximately $49.3M on the day. Leveraged Bitcoin products amplified the decline, with BITX and BITU both falling about 1.56%. Ethereum ETFs also traded lower: ETHA declined 0.79% while attracting approximately $50.4M of daily inflows, while ETHU fell 1.57%. XRP was the weakest major category, with XRPC and XRPZ down approximately 5.7%, while leveraged XXRP plunged 11.49% and XRPT lost 11.18%. Solana ETFs were also under pressure, with BSOL down 2.92%, GSOL down 3.13%, and leveraged SOLT and SLON falling 6.15% and 6.26%, respectively. Flows remained notable, however, with BSOL attracting approximately $55.7M and GSOL about $18.5M in 1-day inflows.
The broader crypto market rebounded by 06:00 ET, with total market capitalization rising 1.9% to $2.98T. Bitcoin gained 1.9% to $84,225, although it remained down 2.2% over seven days, while Ethereum advanced 2.9% to $2,718. Solana rose 1.8% to $119.87, Cardano gained 4.4%, and Avalanche surged 10.9% to $11.51. Quant was the standout performer, jumping 25.0% to $257.05 and extending its seven-day gain to 281.7%. Chainlink rose 13.8%, Aave gained 13.6%, and Internet Computer advanced 12.0%. Decliners included Canton at -8.0%, Zcash at -7.9%, MemeCore at -6.5%, Gram at -4.9%, and NEAR at -4.2%. DeFi was particularly strong, with Chainlink up 14.0%, Aave up 13.5%, Cronos up 10.4%, and Uniswap up 2.6%.
