According to Francisco Rodrigues, Israeli airstrikes on Iran triggered a broad crypto market decline, with the CD20 Index falling 6.1% and Bitcoin (BTC) dropping 2.9% over 24 hours as investors fled risk assets, per market data. Solana (SOL) plummeted 9.5% despite earlier gains on SEC ETF approval speculation, as noted by Wintermute trader Jake Ostrovskis. Spot Bitcoin ETFs recorded $86.3 million in daily net inflows, while Ethereum ETFs saw $112.3 million, according to Farside Investors. Derivatives data from Velo and Deribit showed increased demand for downside protection, with open interest dropping to $49.31 billion and BTC put/call ratio rising to 1.28.