Crypto Morning Daily

The crypto ETF market experienced modest weakness during the latest session as broad digital asset prices pulled back, though investor flows remained constructive across several major categories. Bitcoin ETFs declined approximately 1.4% on the day as Bitcoin traded near $80,500–$81,000, with major spot products including BlackRock’s IBIT, Fidelity’s FBTC, and Grayscale’s GBTC all posting similar losses. Despite the short-term decline, Bitcoin ETF flows remained relatively resilient, highlighted by strong weekly inflows into IBIT and continued positive monthly allocations across several large spot Bitcoin products, reinforcing ongoing institutional participation in the asset class.

Ethereum ETFs underperformed relative to Bitcoin, reflecting softer underlying ETH price action. Spot Ethereum funds such as ETHA, FETH, and ETHW declined roughly 2.3% to 2.5% on the session and remained negative over the trailing week. Fund flows across Ethereum products were mixed, with BlackRock’s ETHA continuing to attract positive inflows while several competing products, including ETHE and FETH, experienced weekly and year-to-date outflows. Leveraged Ethereum exposure saw amplified volatility, with the 2x Ether ETF (ETHU) falling nearly 4.8% on the day and more than 5.8% over the past week.

Solana ETFs continued to demonstrate strong relative momentum despite the latest market pullback. Spot-oriented Solana products including BSOL, GSOL, and SOLZ declined approximately 3% to 3.6% daily but maintained weekly gains exceeding 6%, supported by improving investor sentiment toward the Solana ecosystem. Leveraged Solana exposure remained among the most volatile areas of the crypto ETF market, with the 2x Solana ETF (SOLT) declining roughly 6.7% on the session while still posting gains above 12% over the trailing week. Fund flow activity across Solana products remained broadly positive, particularly for BSOL and SOLZ, which continued to attract meaningful inflows.

XRP-related ETFs also weakened modestly alongside broader crypto markets, with most products declining between 2.5% and 2.7% on the day while remaining positive over the last week. Products including XRPC, XRPZ, and GXRP continued to show constructive medium-term momentum with positive one-month and three-month returns, while ETF flows into XRP-related products generally remained stable to positive. Overall, the crypto ETF market reflected continued investor preference for higher-beta and leveraged digital asset exposure, particularly within Solana and XRP products, while Bitcoin maintained the strongest institutional positioning through sustained spot ETF inflows.

20260513_Digi_Returns_Flows

The cryptocurrency market traded modestly higher as of 06:00 ET on May 13, 2026, with total market capitalization increasing 0.6% to $2.80 trillion following the prior session’s decline. Bitcoin rose 0.4% to approximately $81,200, while Ethereum gained 1.2% to $2,321, recovering part of the weakness seen earlier in the week. BNB and Polkadot led gains among major Layer-1 assets, advancing 3.5% and 5.4%, respectively, while Solana traded slightly lower on the day but remained up more than 7% over the past week. Market sentiment improved as investors rotated back into select infrastructure and ecosystem tokens following broader profit taking during the May 12 session.

Among notable outperformers, Celestia (TIA) led the market with a 14% daily gain and nearly 35% appreciation over the past week, reflecting continued momentum in modular blockchain and infrastructure-related themes. Chainlink extended recent strength with gains exceeding 4%, while Dogecoin and Polkadot also posted strong advances. On the downside, Toncoin declined 8% after a strong prior rally, while Ondo, Canton, Hyperliquid, and Sui also pulled back as traders reduced exposure to several recent outperformers. Despite the declines, Ondo and Sui continued to show strong weekly performance, highlighting sustained interest in tokenization and high-throughput blockchain ecosystems.

The rebound on May 13 followed a weaker trading session on May 12, when total crypto market capitalization declined 1.5% to $2.77 trillion amid broad-based selling pressure across major assets. Bitcoin, Ethereum, XRP, and Solana all traded lower during that session, while NEAR Protocol was one of the few notable gainers. Additional weakness was seen in Ondo, Sei, Canton, Internet Computer, and Aave, all of which posted sharp declines after strong prior-week gains. Across thematic sectors, investor interest remained concentrated in infrastructure, interoperability, and utility-driven crypto projects, with Chainlink, Trust Wallet Token, The Graph, and Wormhole continuing to outperform within the DeFi segment despite elevated volatility in the broader market.

May 13, 2026:

Trading Update as of 06:00ET: Total Market Cap +0.6% to $2.80T

• Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
  • TIA (Celestia) $0.51 / +14.0% / +34.8% / $0.6B
  • Polkadot (DOT) $1.42 / +5.4% / +7.1% / $2.99B
  • Dogecoin (DOGE) $0.11 / +4.1% / (1.7%) / $17.61B
  • Chainlink (LINK) $10.73 / +3.7% / +5.8% / $10.73B
  • BNB (BNB) $684.67 / +3.5% / +5.8% / $92.28B
• Notable Decliners
  • Toncoin (TON) $2.27 / (8.0%) / +1.8% / $11.73B
  • Canton (CC) $0.15 / (4.7%) / +2.8% / $5.87B
  • Ondo (ONDO) $0.4 / (4.1%) / +25.1% / $4.04B
  • Hyperliquid (HYPE) $40.01 / (3.0%) / (9.1%) / $38.48B
  • Sui (SUI) $1.25 / (2.3%) / +22.0% / $12.49B
• Layer-1
  • Bitcoin (BTC) $81,207 / +0.4% / (0.8%) / $1705.35B
  • Ethereum (ETH) $2,321 / +1.2% / (3.7%) / $280.11B
  • BNB (BNB) $684.67 / +3.5% / +5.8% / $92.28B
  • Solana (SOL) $95.70 / (0.3%) / +7.4% / $59.93B
  • Cardano (ADA) $0.28 / +0.5% / +1.6% / $12.46B
  • Avalanche (AVAX) $10.13 / +2.0% / +4.2% / $7.25B
  • Hedera (HBAR) $0.1 / +0.1% / +3.2% / $4.77B
  • Polkadot (DOT) $1.42 / +5.4% / +7.1% / $2.99B
• Metaverse
  • Internet Computer (ICP) $3.30 / (0.3%) / +16.5% / $1.82B
  • Chiliz (CHZ) $0.04 / +2.8% / +4.9% / $0.46B
  • Axie Infinity (AXS) $1.37 / (1.9%) / (0.2%) / $0.37B
  • Klaytn (KLAY) $0.05 / +0.4% / (0.2%) / $0.28B
  • The Sandbox (SAND) $0.08 / +1.8% / +5.6% / $0.25B
• DeFi
  • Chainlink (LINK) $10.78 / +4.2% / +6.3% / $10.78B
  • Cronos (CRO) $0.08 / +0.1% / +12.0% / $8.04B
  • Uniswap (UNI) $3.83 / +0.6% / +9.0% / $3.43B
  • Filecoin (FIL) $1.11 / (0.4%) / +1.6% / $2.17B
  • OKB (OKB) $86.19 / (0.1%) / (1.9%) / $1.81B

May 12, 2026:

Trading Update as of 18:00ET: Total Market Cap (1.5%) to $2.77T

• Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
  • NEAR Protocol (NEAR) $1.61 / +4.1% / +23.0% / $2.09B
  • World Liberty Financial (WLFI) $0.07 / +1.5% / +2.0% / $6.79B
  • BNB (BNB) $665.23 / +0.3% / +5.1% / $89.66B
• Notable Decliners
  • Ondo (ONDO) $0.39 / (9.2%) / +20.5% / $3.92B
  • Canton (CC) $0.15 / (6.9%) / +3.8% / $5.9B
  • SEI (Sei) $0.07 / (6.8%) / +16.7% / $0.7B
  • Internet Computer (ICP) $3.18 / (5.3%) / +17.5% / $1.75B
  • Aave (AAVE) $96.78 / (4.6%) / +3.4% / $1.55B
• Layer-1
  • Bitcoin (BTC) $80,511 / (1.6%) / (1.2%) / $1690.74B
  • Ethereum (ETH) $2,283 / (2.4%) / (4.0%) / $275.52B
  • XRP (XRP) $1.44 / (2.2%) / +1.7% / $143.89B
  • BNB (BNB) $665.23 / +0.3% / +5.1% / $89.66B
  • Solana (SOL) $94.56 / (3.0%) / +9.1% / $59.21B
  • Hyperliquid (HYPE) $40.31 / (3.8%) / (9.1%) / $38.77B
  • TRON (TRX) $0.35 / (0.3%) / +1.3% / $33.16B
• Metaverse
  • Enjin Coin (ENJ) $0.05 / +1.6% / (2.8%) / $0.1B
  • Chiliz (CHZ) $0.04 / +1.1% / +5.1% / $0.45B
  • ApeCoin (APE) $0.16 / +0.9% / (2.7%) / $0.16B
  • GMT (GMT) $0.01 / +0.4% / +23.9% / $0.07B
  • Illuvium (ILV) $5.15 / +0.1% / +10.3% / $0.05B
• DeFi
  • Trust Wallet Token (TWT) $0.52 / +2.3% / +20.6% / $0.52B
  • The Graph (GRT) $0.03 / +1.9% / +13.8% / $0.34B
  • Perpetual Protocol (PERP) $0.03 / +1.6% / +3.4% / $0B
  • Braintrust (BTRST) $0.07 / +1.2% / +0.9% / $0.02B
  • Wormhole (W) $0.02 / +1.0% / +18.9% / $0.16B