ETFs Focused On Blockchain See Sharp Declines In February The VanEck Crypto & Blockchain Innovators ETF led the losses for February 2025, plummeting 22.97%, followed by WisdomTree Blockchain ETF, which dropped 19.02%. Both funds underperformed their equity technology peers, which averaged a 4.79% decline. Indonesia equity ETFs also struggled, with three funds losing over 14% in the month.1