The cryptocurrency market traded modestly higher overnight, with total market capitalization rising 0.4% to $2.28 trillion as investors continued to digest the Federal Reserve’s policy decision and ongoing macroeconomic uncertainty. While Bitcoin and Ethereum traded largely sideways, institutional ETF performance remained mixed, with spot products seeing modest declines while leveraged products continued to amplify underlying market moves. Investor flows suggest institutions remain selective, favoring long-term exposure despite subdued short-term price action.
Bitcoin ETFs
Bitcoin traded essentially flat, gaining 0.02% to $64,493. Spot Bitcoin ETFs posted modest daily declines, largely reflecting the previous trading session. The iShares Bitcoin Trust (IBIT) fell 0.39% while experiencing approximately $54.8 million in daily outflows, and most major spot Bitcoin ETFs finished down roughly 0.4%-0.5%. Despite recent volatility, long-term fund flows remain firmly positive across the largest Bitcoin ETFs.
Ethereum ETFs
Ethereum slipped 0.1% to $1,917, with spot Ethereum ETFs generally declining between 1.7% and 1.9% during the previous trading session. The iShares Ethereum Trust (ETHA) fell 1.73% but continued attracting capital, recording roughly $3.5 million in daily inflows and more than $345 million over the past month, highlighting continued institutional demand despite near-term price weakness.
Solana ETFs
Solana traded virtually unchanged at $74.00, although Solana-focused ETFs remained under pressure. The Bitwise Solana Staking ETF (BSOL) declined 2.0%, while most spot Solana ETFs finished lower by roughly 2%. Investor flows remained mixed, reflecting continued caution toward higher-beta digital assets following recent market volatility.
XRP ETFs
XRP ETFs outperformed other major crypto ETF categories despite relatively muted movement in the underlying token. The Canary XRP ETF (XRPC) gained 1.1%, with most XRP products posting gains of approximately 1%, while leveraged XRP ETFs delivered stronger returns approaching 2%. Although weekly performance remains negative, the group showed improving short-term momentum.
Leveraged Crypto ETFs
Leveraged crypto ETFs once again demonstrated amplified volatility relative to their underlying assets. 2x Bitcoin ETFs declined roughly 1.0%, while 2x Ethereum ETFs fell between 3.2% and 3.6%. Solana remained the weakest leveraged category, with 2x Solana ETFs dropping approximately 4.2% to 4.6%. In contrast, leveraged XRP ETFs outperformed, gaining between 1.7% and 1.8% as XRP-related products staged a modest recovery.
Notable Gainers
Digital asset gains were led by Ondo (ONDO), which advanced 4.6% to $0.41 as investor interest in tokenized real-world assets remained strong. Zcash (ZEC) gained 3.7% to $476.60, while NEAR Protocol (NEAR) rebounded 3.6% to $1.65 after recent weakness. Audiera (BEAT) continued its impressive run, climbing another 2.8% to $3.84, and privacy-focused cryptocurrency Monero (XMR) added 2.4% to $356.84.
Notable Decliners
Leading the declines was MemeCore (M), which plunged 18.4% to $0.94, significantly underperforming the broader market. Celestia (TIA) fell 3.8% to $0.32, Sky (SKY) declined 2.4% to $0.06, and Canton (CC) slipped 2.1% to $0.12, reflecting continued weakness across portions of the altcoin market.
