BTC, ETH, SOL and XRP ETFs bleed $4.4 billion over 13 sessions, only HYPE in green

Over the past 13 sessions, major cryptocurrency ETFs tied to Bitcoin, Ethereum, Solana, and XRP have collectively lost a staggering $4.4 billion in investor funds. This exodus of capital has been led by BlackRock's IBIT, which alone saw a $342 million withdrawal on Wednesday. In stark contrast, Hyperliquid's HYPE products are the only crypto ETF category experiencing net inflows, suggesting a potential shift in investor sentiment. This shift highlights the volatile nature of the crypto market and the challenges faced by traditional crypto assets while newer projects seem to attract more investment.