Crypto ETFs Bleed: Bitcoin & Ethereum Extend Brutal Losing Streak Amid Market Carnage

Digital asset funds continue their relentless slide as market weakness tightens its grip.

The Great Unraveling

Bitcoin and Ethereum ETFs just extended their losing streak for another brutal session. Red dominates trading screens as the crypto market's foundation cracks under pressure. These supposed 'safe' institutional vehicles are proving anything but—bleeding value while traditional finance skeptics nod knowingly.

No bottom in sight as the sell-off deepens. Another day, another downturn for crypto's mainstream darlings. The very products meant to legitimize digital assets are instead highlighting their volatility.

Wall Street's crypto experiment stumbles while purists whisper 'we told you so.' Sometimes the most sophisticated financial engineering just creates fancier ways to lose money.

Solana, HBAR, and Litecoin ETFs defy negative trend

Still, while Bitcoin and Ethereum ETF flows remain under pressure, not all exchange-traded crypto funds are seeing the same sell-off. The newly-launched Solana (SOL), HBAR (HBAR), and Litecoin (LTC) ETFs are bucking the trend this week, drawing steady inflows while the major caps continue to face outflows.

Bitwise launched its solana ETF (BSOL) on the NYSE earlier this week, marking the first spot Solana ETF in the U.S. The debut has spurred strong interest, with the fund pulling in over $36 million in daily net inflows and pushing its cumulative net inflow to $155 million in just 3 days. 

HBAR followed closely, with Canary Capital’s HBAR ETF going live on Nasdaq around the same time. In its opening sessions, HBAR ETF reported nearly $30 million in fresh inflows, building momentum as the broader market corrected. 

Litecoin also made its ETF debut on Nasdaq this week, capping a run of new spot product launches across multiple altcoins. While aggregate flows for LTCC have been relatively modest so far, the new product is holding net positive territory. 

With risk appetite narrowing, these ETFs have managed to attract steady fresh capital despite the volatile backdrop. The resilience comes as investors look to diversify beyond the biggest names, highlighting continued institutional demand for regulated crypto access.