Crypto ETF markets showed broadly positive performance across Bitcoin, Ethereum, Solana, and XRP-related products, with investor flows remaining concentrated in spot Bitcoin ETFs. Bitcoin ETFs posted modest daily gains alongside strong one-week and one-month returns, reflecting continued institutional demand as Bitcoin consolidated above recent levels. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC continued to lead overall assets and inflows, with IBIT recording particularly strong weekly and monthly inflow momentum despite a modest daily outflow. Grayscale’s GBTC continued to experience net redemptions over longer periods, though outflows appeared to moderate relative to prior trends. Across the category, Bitcoin ETF returns were generally in the low double digits over the past month, while six-month performance remained negative following the broader crypto market correction earlier in the year.
Ethereum ETF performance was more mixed but generally constructive, with most funds posting modest positive short-term returns while still lagging Bitcoin on a relative basis. XRP-related ETFs continued to benefit from strong speculative momentum and improving investor sentiment, supported by robust weekly gains across the category. Solana ETFs were among the strongest performers in the report, with spot Solana products and levered Solana ETFs materially outperforming broader crypto benchmarks. Several Solana-focused funds generated weekly gains near or above 10%, while 2x leveraged products such as SOLT and SLON posted returns approaching 20% over the past week, reflecting elevated trader interest in higher-beta crypto exposure.
Levered crypto ETFs broadly amplified the recent market rebound, particularly among Solana-linked products, where daily gains approached 9%–10%. These funds significantly outperformed spot ETFs during the recent rally but also continued to exhibit elevated volatility relative to traditional spot exposure. Overall, ETF flow data suggested that institutional capital remains concentrated in Bitcoin products, while retail and tactical trading activity increasingly rotated toward higher-growth ecosystems such as Solana and XRP.
Crypto markets were modestly higher as of 06:00 ET, with total crypto market capitalization rising 0.2% to $2.78 trillion. Market leadership continued to come from select altcoins, particularly within Layer-1 and DeFi ecosystems. Sui (SUI) led major gainers with a 12.5% daily increase and a 32.8% advance over the past week, while Sei (SEI) and Ondo (ONDO) also posted strong momentum gains of 8.2% and 4.5%, respectively. Among large-cap Layer-1 assets, Bitcoin (BTC) traded modestly higher at $80,916, up 0.2% on the day, while Ethereum (ETH) gained 0.3% despite remaining down 1.4% over the past seven days. Solana (SOL), Cardano (ADA), Avalanche (AVAX), and Hedera (HBAR) outperformed most majors with daily gains ranging between 0.9% and 2.2%.
Performance across thematic sectors was mixed. In the Metaverse segment, Internet Computer (ICP) remained a standout performer on a weekly basis with a 41.9% gain, although daily trading was slightly negative. DeFi assets showed more selective strength, with Chainlink (LINK) and Cronos (CRO) advancing, while Uniswap (UNI) and Filecoin (FIL) declined during the session despite maintaining positive weekly trends. On the downside, Toncoin (TON) fell 4.9% after a strong weekly rally of 65.5%, while Hyperliquid (HYPE) and MemeCore (M) also traded lower. Overall, trading activity reflected continued rotation into higher-beta altcoins and infrastructure-focused projects while Bitcoin and Ethereum consolidated near recent levels.
- Data – Last Price, 7D%, Fully Diluted Valuation
- Bitcoin (BTC) $82,317 / +4.8% / $1728.65B
- Ethereum (ETH) $2,376 / +2.3% / $286.71B
- XRP (XRP) $1.48 / +6.3% / $147.53B
- BNB (BNB) $665.76 / +7.8% / $89.74B
- Solana (SOL) $96.58 / +15.1% / $60.47B
- Hyperliquid (HYPE) $43.12 / +3.9% / $41.47B
May 11, 2026:
Trading Update as of 06:00ET: Total Market Cap +0.2% to $2.78T
- Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
- Sui (SUI) $1.26 / +12.5% / +32.8% / $12.6B
- SEI (Sei) $0.07 / +8.2% / +23.9% / $0.74B
- Ondo (ONDO) $0.42 / +4.5% / +35.0% / $4.24B
- Cronos (CRO) $0.07 / +4.1% / +8.6% / $7.49B
- Aave (AAVE) $100.54 / +4.0% / +7.1% / $1.61B
- Notable Decliners
- Zcash (ZEC) $568.67 / (5.6%) / +35.9% / $11.94B
- Toncoin (TON) $2.30 / (4.9%) / +65.5% / $11.93B
- MemeCore (M) $3.28 / (2.4%) / +21.5% / $32.78B
- Hyperliquid (HYPE) $41.94 / (2.3%) / +0.2% / $40.33B
- Layer-1
- Bitcoin (BTC) $80,916 / +0.2% / +1.3% / $1699.23B
- Ethereum (ETH) $2,335 / +0.3% / (1.4%) / $281.85B
- BNB (BNB) $652.38 / +0.1% / +3.5% / $87.93B
- Solana (SOL) $95.22 / +0.9% / +11.9% / $59.62B
- Cardano (ADA) $0.28 / +2.2% / +9.9% / $12.52B
- Avalanche (AVAX) $10.13 / +1.3% / +8.9% / $7.25B
- Hedera (HBAR) $0.1 / +2.0% / +7.7% / $4.81B
- Polkadot (DOT) $1.36 / +0.3% / +9.1% / $2.86B
- Metaverse
- Internet Computer (ICP) $3.42 / (0.6%) / +41.9% / $1.89B
- Chiliz (CHZ) $0.04 / (2.4%) / +9.7% / $0.46B
- Axie Infinity (AXS) $1.43 / (0.6%) / +7.4% / $0.39B
- Klaytn (KLAY) $0.05 / +1.1% / +6.3% / $0.29B
- The Sandbox (SAND) $0.08 / +0.6% / +10.3% / $0.24B
- DeFi
- Chainlink (LINK) $10.58 / +0.4% / +10.3% / $10.58B
- Cronos (CRO) $0.07 / +4.1% / +8.6% / $7.49B
- Uniswap (UNI) $3.93 / (1.8%) / +15.2% / $3.52B
- Filecoin (FIL) $1.13 / (4.3%) / +18.0% / $2.21B
- Sky (SKY) $0.08 / (1.0%) / (3.0%) / $1.83B
