Crypto ETFs broadly declined on June 5 as weakness in digital assets continued across the market. Bitcoin ETFs were down approximately 2.7% on average, with the largest funds including iShares Bitcoin Trust (IBIT), Fidelity Wise Origin Bitcoin Fund (FBTC), and Grayscale Bitcoin Trust (GBTC) all falling between 2.6% and 2.9%. Ethereum ETFs were relatively more resilient, declining an average of 1.5%, led by losses of roughly 1.3% to 1.4% across spot products such as ETHA, FETH, and ETHW. XRP ETFs fell an average of 2.8%, while Solana ETFs were among the weakest segments, declining an average of 4.4% as investors reduced exposure to higher-beta crypto assets.
Leveraged crypto ETFs experienced significantly larger moves, reflecting their amplified exposure. Bitcoin leveraged products, including BITX, BITU, and BTCL, fell approximately 5.3% to 5.6%, while leveraged Ethereum ETFs declined between 2.4% and 2.9%. Leveraged XRP funds lost roughly 4.7% to 5.5%, and leveraged Solana ETFs posted the steepest declines, with the 2x Solana ETF (SOLT) falling 7.9% and ProShares Ultra Solana ETF (SLON) dropping 9.1%. Overall, the ETF market reflected a risk-off environment, with losses increasing alongside leverage and asset volatility, while Bitcoin-focused products continued to outperform most alternative cryptocurrency ETF categories.
Bitcoin is down another 5% today and still falling, $60,000 should be a level of resistance, if not $58,000 is possible. Cryptocurrency markets remained under pressure through the June 5 morning session, with total market capitalization falling another 1.5% to $2.24 trillion after declining 3.8% the previous evening. Bitcoin continued to outperform the broader market, slipping just 0.1% over the past 24 hours to $62,814, while Ethereum fell 4.2% to $1,683 and several major Layer-1 tokens posted steeper losses. Cardano was among the weakest large-cap assets, dropping 13.8% over the last day and more than 30% over the past week, while NEAR Protocol declined nearly 12% and Toncoin fell 8.8%. Privacy coin Zcash experienced the sharpest selloff, plunging 35.1% over 24 hours. Despite the broader risk-off environment, a few tokens bucked the trend, led by Worldcoin, which gained 9.1% on the day and nearly 85% over the past week, while DeXe rose 8.9%. Overall, market action suggests investors continue to favor Bitcoin’s relative stability while reducing exposure to higher-risk altcoins, resulting in broad weakness across Layer-1, metaverse, and DeFi sectors.
June 5, 2026:
Trading Update as of 06:00ET: Total Market Cap (1.5%) to $2.24T
- Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
- Worldcoin (WLD) $0.56 / +9.1% / +84.6% / $5.58B
- DeXe (DEXE) $20.20 / +8.9% / +8.0% / $1.95B
- Aster (ASTER) $0.67 / +2.4% / +0.2% / $5.37B
- Notable Decliners
- Zcash (ZEC) $350.99 / (35.1%) / (35.3%) / $7.37B
- Cardano (ADA) $0.16 / (13.7%) / (30.8%) / $7.33B
- NEAR Protocol (NEAR) $2.05 / (12.0%) / (18.0%) / $2.66B
- Toncoin (TON) $1.55 / (8.8%) / (12.7%) / $8.07B
- Sky (SKY) $0.06 / (8.0%) / (8.0%) / $1.41B
- Layer-1
- Bitcoin (BTC) $62,814 / (0.1%) / (14.7%) / $1319.1B
- Ethereum (ETH) $1,683 / (4.2%) / (16.3%) / $203.07B
- BNB (BNB) $594.66 / (0.01%) / (6.9%) / $80.15B
- Solana (SOL) $66.33 / (2.9%) / (19.4%) / $41.64B
- Cardano (ADA) $0.16 / (13.8%) / (30.8%) / $7.33B
- Avalanche (AVAX) $7.22 / (5.6%) / (19.4%) / $5.17B
- Hedera (HBAR) $0.08 / (2.1%) / (11.6%) / $4.09B
- NEAR Protocol (NEAR) $2.05 / (11.9%) / (17.8%) / $2.66B
- Fantom (Migrated to Sonic) (FTM) $2.05 / (0.7%) / (13.7%) / $2.21B
- Polkadot (DOT) $0.99 / (2.3%) / (17.8%) / $2.09B
- Metaverse
- Internet Computer (ICP) $2.49 / (5.9%) / (10.6%) / $1.37B
- Axie Infinity (AXS) $0.96 / (2.8%) / (16.7%) / $0.26B
- Chiliz (CHZ) $0.02 / (10.7%) / (28.6%) / $0.25B
- Klaytn (KLAY) $0.04 / (6.3%) / (19.3%) / $0.23B
- The Sandbox (SAND) $0.05 / (3.7%) / (19.9%) / $0.16B
- DeFi
- Chainlink (LINK) $7.62 / (3.3%) / (15.6%) / $7.62B
- Cronos (CRO) $0.06 / (1.3%) / (11.7%) / $5.94B
- Uniswap (UNI) $2.54 / (3.2%) / (15.9%) / $2.28B
- Filecoin (FIL) $0.79 / (4.8%) / (17.8%) / $1.55B
- OKB (OKB) $73.68 / (1.3%) / (15.6%) / $1.55B
June 4, 2026:
Trading Update as of 18:00ET: Total Market Cap (3.8%) to $2.28T
- Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
- DeXe (DEXE) $21.19 / +17.0% / +23.3% / $2.04B
- ONDO (Ondo) $0.26 / +8.1% / +0.3% / $2.64B
- TIA (Celestia) $0.34 / +6.8% / (2.2%) / $0.39B
- SEI (Sei) $0.08 / +5.0% / (4.4%) / $0.76B
- Monero (XMR) $375.85 / +5.0% / +5.1% / $6.93B
- Notable Decliners
- NEAR Protocol (NEAR) $2.25 / (22.7%) / (8.1%) / $2.92B
- Zcash (ZEC) $486.00 / (22.1%) / (12.6%) / $10.21B
- Internet Computer (ICP) $2.69 / (14.9%) / (1.5%) / $1.49B
- Toncoin (TON) $1.66 / (14.2%) / (6.8%) / $8.61B
- Hyperliquid (HYPE) $64.96 / (13.4%) / +5.0% / $62.47B
- Layer-1
- Bitcoin (BTC) $63,243 / (3.6%) / (14.2%) / $1328.11B
- Ethereum (ETH) $1,761 / (4.5%) / (12.7%) / $212.57B
- XRP (XRP) $1.16 / (4.6%) / (12.0%) / $116.15B
- BNB (BNB) $600.01 / (4.3%) / (6.4%) / $80.87B
- Hyperliquid (HYPE) $64.96 / (13.4%) / +5.0% / $62.47B
- Solana (SOL) $67.83 / (6.7%) / (17.7%) / $42.58B
- TRON (TRX) $0.33 / (0.7%) / (6.0%) / $31.42B
- Metaverse
- Aavegotchi (GHST) $0.06 / (4.1%) / (5.2%) / $0B
- Illuvium (ILV) $3.54 / (8.0%) / (11.9%) / $0.03B
- Kaia (KAIA) $0.04 / (8.0%) / (16.2%) / $0.26B
- Basic Attention Token (BAT) $0.1 / (8.3%) / (14.8%) / $0.14B
- The Sandbox (SAND) $0.06 / (8.3%) / (16.2%) / $0.17B
- DeFi
- Perpetual Protocol (PERP) $0.02 / +17.5% / +14.7% / $0B
- Huobi Token (HT) $0.13 / +2.0% / +46.7% / $0.07B
- Serum (SRM) $0.01 / +0.1% / +0.6% / $0.01B
- Tokenize Xchange (TKX) $0.01 / +0.1% / +0.6% / $0.48B
- NXM (NXM) $0.01 / +0.1% / (0.1%) / $0.39B