ETFs

Across the four digital-asset ETF categories, aggregate daily flows remained positive at approximately $200 million, almost entirely because of strong demand for IBIT. Weekly flows were considerably weaker, totaling an estimated $163 million in net withdrawals, including about $90 million from Ethereum funds and $53 million from Bitcoin products. The data suggest investors used the latest market decline to add selectively to the largest Bitcoin ETF, while reducing exposure to leveraged strategies and showing less conviction toward Ethereum and Solana products.

Overall, the data shows 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.

Overall, the crypto ETF market remains resilient despite softer spot cryptocurrency prices. Institutional investors continue to favor Bitcoin and Ethereum ETFs, where long-term inflows remain robust, while newer XRP and Solana ETFscontinue to attract growing investor attention as the digital asset ETF ecosystem expands. Leveraged crypto ETFs once again magnified the day’s market moves, highlighting the higher volatility and tactical nature of those products.

Overall, crypto ETF performance reflected a constructive risk-on environment across digital assets. Ethereum ETFs led the major asset classes, followed closely by Solana funds, while Bitcoin ETFs continued to attract investor attention despite sizable redemptions from several of the largest products. Leveraged ETFs significantly outperformed their spot counterparts across Bitcoin, Ethereum, XRP, and Solana, highlighting increased investor appetite for tactical exposure as momentum across the broader cryptocurrency market continues to improve.

Overall, the trading day reflected a healthy recovery across the crypto ETF landscape, with leadership concentrated in Solana products while Bitcoin, Ethereum, and XRP ETFs posted more measured gains. Although short-term momentum improved meaningfully, most crypto ETF categories remain down over the past month, suggesting investors are still balancing renewed risk appetite against a broader corrective trend.