Bitcoin ETFs sold off sharply at the prior close. IBIT fell 2.64%, FBTC declined 2.66%, GBTC lost 2.65%, and ARKB fell 2.68%. Leveraged exposure saw deeper losses, with BITX down 5.22%, BITU down 5.35%, and BTCL down 5.44%. Despite the decline, IBIT still showed a positive 4.38% one-month return.
Flows were much more constructive than performance. IBIT attracted approximately $122.00M in daily inflows, bringing its one-week inflows to about $536.10M and one-month inflows to nearly $1.99B. In contrast, the Grayscale Bitcoin Mini Trust recorded about $10.97M in daily outflows, while BITX lost roughly $4.10M.
Ethereum ETFs were considerably weaker. ETHA fell 4.58%, FETH declined 4.59%, ETHE lost 4.54%, and ETHW fell 4.62%. Leveraged Ether products were hit particularly hard, with ETHU down 9.15%, ETHT down 8.88%, and ETU down 9.19%.
Ethereum flows also deteriorated. ETHA recorded approximately $201.90M in daily outflows, while ETHU lost about $3.34M and QETH saw roughly $2.14M leave. NEHI was one of the few products with positive daily flows, attracting about $1.36M.
XRP products were among the weakest categories. XRPC fell 5.78%, XRPZ declined 5.64%, GXRP dropped 5.84%, and XRPR lost 6.33%. Leveraged XRP exposure suffered double-digit declines, including XXRP -11.58%, UXRP -11.46%, and XRPT -11.34%. XRPZ recorded approximately $4.07M in daily outflows, while most other XRP products showed limited or no daily flows.
Solana ETFs also moved sharply lower. BSOL fell 4.26%, GSOL declined 4.21%, SSK lost 4.71%, and SOLZ fell 4.09%. Leveraged SOLT dropped 8.17% and SLON fell 8.24%. GSOL recorded approximately $3.75M in outflows, while SOLZ lost about $2.52M. Despite the daily weakness, many Solana funds still retained strong one-month gains of roughly 14%, with leveraged products still up around 25%–26% over the month.
The live crypto market remained under pressure as of 6:00 AM ET, with total digital-asset market capitalization down 1.3% to $2.89T. Bitcoin traded at $83,037, down 0.8% over 24 hours and 0.9% over seven days. Ethereum fell 1.1% to $2,565, XRP declined 2.6% to $1.42, and Solana dropped 2.2% to $115.09. Hyperliquid declined 2.7%, while BNB was relatively stable at -0.2%.
There were still pockets of strength. NEAR gained 5.5% to $5.28, Celestia rose 4.6%, Ondo gained 4.2%, MemeCore added 3.8%, and Worldcoin rose 2.6%. Decliners included Pump.fun -6.7%, Sky -6.4%, Zcash -6.4%, Ethena -5.8%, and Litecoin -3.7%.
Payments were mixed. TRON gained 1.0% and Monero rose 0.5%, while Zcash dropped about 6.6%, Litecoin fell 3.7%, and Stellar lost 1.3%. DeFi remained weak, with Chainlink -3.2%, Uniswap -2.6%, Lighter -0.8%, and Aave -0.9%. Aave was still 5.0% higher over seven days.
