Crypto ETFs rallied sharply, reflecting the broader recovery in digital assets. Spot Bitcoin ETFs gained approximately 6% on the day and nearly 20% for the week, while leveraged products such as BITU and BITX rose close to 12% daily and about 42% weekly. Bitcoin funds generated approximately $610 million in net daily inflows, led overwhelmingly by BlackRock’s IBIT with $503 million, followed by Fidelity’s FBTC with $64.7 million and Bitwise’s BITB with $26.4 million.
Ethereum ETFs also posted strong gains, with spot products advancing approximately 3.8%–4.0% for the day and more than 26% for the week. Leveraged Ether funds gained roughly 7%–8% daily and more than 56% weekly. Net daily inflows totaled approximately $185 million, driven by $173.3 million entering BlackRock’s ETHA. Ethereum ETF momentum has been particularly strong over the past month, with most spot funds gaining approximately 25%.
XRP ETFs were the strongest performers in the report. Spot products rose approximately 11%–12% for the day and 37% for the week, while leveraged XRP ETFs surged more than 22% daily and approximately 82% weekly. The category attracted roughly $5.6 million in net daily inflows, led by Franklin’s XRPZ and leveraged products XRPT and XXRP.
Solana ETFs also advanced, with spot funds gaining approximately 4% and leveraged strategies rising more than 8%. Weekly returns reached roughly 20% for spot products and 43% for leveraged funds. The category recorded approximately $12.7 million in net inflows, supported by $7.1 million into Grayscale’s GSOL and $6.6 million into Bitwise’s BSOL, partially offset by outflows from leveraged products.
Overall, crypto ETF performance and flows indicate strengthening investor demand across Bitcoin, Ethereum, XRP and Solana. However, RSI readings above 80—and above 90 for many Bitcoin and Ethereum funds—suggest that much of the category has entered technically overbought territory following the recent rally.
The cryptocurrency market opened the week on firmer footing, with total market capitalization rising 0.9% to approximately $2.69 trillion as of 6:00 a.m. ET. The advance was broad-based, with Bitcoin gaining 1.3% to $77,556 and Ethereum climbing 2.1% to $2,464. Both assets have delivered strong weekly returns, with Bitcoin up 22.6% and Ethereum gaining 30.3% over the past seven days.
Layer-1 tokens were largely higher. BNB and Solana each advanced 1.5%, while Hedera gained 2.1%. NEAR Protocol led the group with a 4.2% increase. Cardano was nearly unchanged, while Fantom—now migrated to Sonic—declined 0.7% and remained down 13.7% for the week.
DeFi was the strongest area of the market. Morpho surged 18.1%, extending its seven-day gain to 34.7%, while Aave jumped nearly 11% and has now risen more than 60% over the past week. Cronos gained 6.1%, OKB advanced 4.7%, and Uniswap added 4.1%. Mantle was another notable outperformer, rising 11.2%.
Performance among metaverse-related assets was more subdued. Chiliz gained 3.0%, while Axie Infinity, Internet Computer and Decentraland posted modest advances. Klaytn slipped 0.2%, although it remained up 33.0% over the past seven days.
Among the day’s decliners, Ethena fell 6.5% but remained nearly 94% higher for the week. Monero and Pump.fun each declined 3.8%, with Pump.fun still holding a weekly gain of more than 71%. Overall, the market continues to demonstrate improving risk appetite, with particularly strong momentum across DeFi and several higher-beta digital assets.
