Crypto ETFs Lose 790M as Shutdown Fears Shake Markets

Fears around a partial U.S. government shutdown have pushed investors into risk-off mode, hitting the crypto market hard. Trading activity slowed, and capital rushed out of crypto investment products ahead of the weekend, freezing momentum in the ETF space.
Bitcoin ETFs saw the biggest impact, with over 500M leaving in a single day. BlackRock s IBIT recorded massive withdrawals, while Ethereum ETFs also suffered heavy losses. ETH products lost more than 250M as prices fell sharply, reflecting weakening institutional confidence amid political uncertainty.
Solana ETFs followed the downtrend, while XRP stood out as the only major asset with net inflows, suggesting selective long-term optimism. Meanwhile, Bitwise quietly moved forward with a Uniswap ETF registration, showing that despite short-term pressure, the race for new crypto ETFs is far from over.