Crypto Morning Daily

Crypto ETFs traded lower alongside weakness in underlying digital assets, with broad-based declines across both spot and leveraged products. Spot Bitcoin ETFs fell approximately 2.7%–2.9% on the day, with IBIT (–2.84%), FBTC (–2.77%), GBTC (–2.83%), and BITB (–2.84%) reflecting downside pressure in BTC. Ethereum-linked ETFs also declined meaningfully as ETH sold off, while leveraged products experienced amplified losses. Notably, leveraged Ethereum and Solana funds were among the worst performers, with ETHU (–10.7%), ETU (–10.9%), SOLX (–11.8%), SOLT (–12.0%), and SLON (–12.4%) posting double-digit declines.

On the flow front, activity was mixed but showed selective positioning. Grayscale Bitcoin Mini Trust (BTC) led daily inflows with approximately +$130.6M, followed by FETH (+$67.3M), ARKB (+$14.1M), HODL (+$12.0M), and BTCI (+$8.2M). Conversely, ETHA experienced the largest outflow at approximately –$45.0M, while IBIT saw –$20.9M in redemptions and BITO recorded –$11.2M. Despite the negative price action, inflows into select Bitcoin products suggest continued institutional engagement on weakness, while Ethereum products saw comparatively heavier selling pressure.

Overall, the session reflected risk-off sentiment across crypto beta exposures, with leveraged ETFs bearing the brunt of volatility and fund flows indicating a modest rotation toward core Bitcoin exposure amid broader market weakness.

The Digital Crypto Coin markets traded lower overnight, with total market capitalization falling 3.2% to $2.34T as of 06:00 ET, down from $2.41T at 18:00 ET yesterday. Broad-based selling pressure intensified across major Layer-1 assets. Bitcoin declined to $66,702 (–3.3% 24H, –12.4% 7D) while Ethereum fell to $1,938 (–3.8% 24H, –14.2% 7D). BNB dropped 6.1% over 24 hours to $588.57, and Solana traded down 4.3% to $80.65. Cardano, Avalanche, Hedera, and Polkadot also posted losses, reinforcing the risk-off tone across large-cap protocols.

DeFi tokens remained under pressure, with Chainlink (–3.8%), Uniswap (–4.2%), Filecoin (–5.7%), and Aave (–3.8%) extending weekly declines. In the metaverse segment, performance was mixed but generally softer on a 7-day basis, despite modest gains in Axie Infinity and The Sandbox. Notably, Monero continued to show relative strength, rising 3.0% over 24 hours to $344.92 and standing out as one of the few consistent gainers. On the downside, MYX Finance (–17.7%), Bitget Token (–9.5%), MemeCore (–7.8%), and Bittensor (–7.2%) led decliners, with several names showing pronounced weekly drawdowns.

Overall, market action reflects accelerating downside momentum and limited evidence of sector rotation, as weakness across Layer-1 and DeFi assets continues to weigh on total market capitalization.

Digital Crypto Coin Data

Trading Update as of 06:00ET: Total Market Cap (3.2%) to $2.34T – (negative)

• Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
  • Monero (XMR) $344.92 / +3.0% / (11.9%) / $6.36B
• Notable Decliners
  • MYX Finance (MYX) $4.96 / (17.7%) / (13.7%) / $4.96B
  • Bitget Token (BGB) $2.30 / (9.5%) / (23.9%) / $2.12B
  • Sky (SKY) $0.06 / (8.2%) / +2.5% / $1.49B
  • MemeCore (M) $1.41 / (7.8%) / (3.4%) / $14.09B
  • Bittensor (TAO) $145.37 / (7.2%) / (24.6%) / $3.05B
• Layer-1
  • Bitcoin (BTC) $66,702 / (3.3%) / (12.4%) / $1400.75B
  • Ethereum (ETH) $1,938 / (3.8%) / (14.2%) / $233.92B
  • BNB (BNB) $588.57 / (6.1%) / (22.0%) / $80.26B
  • Solana (SOL) $80.65 / (4.3%) / (16.7%) / $50.02B
  • Cardano (ADA) $0.25 / (4.0%) / (15.5%) / $11.38B
  • Avalanche (AVAX) $8.51 / (3.6%) / (15.1%) / $6.09B
  • Hedera (HBAR) $0.09 / (2.6%) / (5.4%) / $4.4B
  • Polkadot (DOT) $1.23 / (3.3%) / (18.2%) / $2.59B
• Metaverse
  • Internet Computer (ICP) $2.36 / +0.9% / (11.3%) / $1.29B
  • Axie Infinity (AXS) $1.51 / +3.1% / (1.6%) / $0.41B
  • Chiliz (CHZ) $0.04 / (1.4%) / (10.1%) / $0.4B
  • Klaytn (KLAY) $0.05 / +1.0% / (12.5%) / $0.31B
  • The Sandbox (SAND) $0.08 / +2.0% / (15.0%) / $0.25B
• DeFi
  • Chainlink (LINK) $8.21 / (3.8%) / (14.4%) / $8.21B
  • Cronos (CRO) $0.08 / (3.9%) / (9.4%) / $7.55B
  • Uniswap (UNI) $3.23 / (4.2%) / (16.4%) / $2.9B
  • Filecoin (FIL) $0.87 / (5.7%) / (20.9%) / $1.69B
  • Aave (AAVE) $104.96 / (3.8%) / (17.3%) / $1.68B

Source: Factset20260211_Digi_Returns_Flows