BTC, ETH, SOL and XRP ETFs bleed $4.4 billion over 13 sessions, only HYPE in green
CoinDesk·
60-second summary
BlackRock's IBIT and other major crypto ETFs continue to bleed $4.4 billion over 13 sessions, with IBIT shedding another $342 million on Wednesday. Meanwhile, ether, solana, and XRP funds are experiencing redemptions, leaving Hyperliquid's HYPE products as the only major crypto ETF category still attracting net new money, a rare bright spot in the market.
BlackRock's IBIT shed another $342 million on Wednesday as ether, solana and XRP funds joined the redemption wave, leaving Hyperliquid's HYPE products as the only major crypto ETF category still pulling in net new money.