Crypto Morning Daily

Digital asset ETFs moved lower on June 4 as the broader cryptocurrency market sold off sharply. Bitcoin ETFs declined an average of 2.7% on the day and experienced approximately $536.3 million in net outflows, reflecting continued investor caution. Major spot Bitcoin funds such as IBIT (-2.8%), FBTC (-2.7%), and GBTC (-2.7%) all moved lower, while leveraged Bitcoin products posted steeper average losses of 5.5%. Ethereum ETFs were among the weakest segments, falling an average of 6.3%, with category outflows totaling roughly $62.0 million. Leveraged Ethereum funds underperformed significantly, declining an average of 11.5%, although the category still attracted approximately $1.8 million in net inflows, led by ETHU.

Solana ETFs declined an average of 5.1%, but investor demand remained relatively constructive, with the category attracting approximately $9.5 million in net inflows. The strongest flow activity came from GSOL, which added roughly $6.5 million, while leveraged Solana products collectively gained about $2.9 million despite average losses of 6.3%. XRP ETFs were the most resilient major category, declining just 1.8% on average while recording approximately $2.7 million in net inflows. Leveraged XRP funds, including XXRP and XRPT, attracted roughly $3.0 million of new capital and declined an average of 2.1%, outperforming leveraged Bitcoin and Ethereum products.

Across all categories, leveraged crypto ETFs experienced the largest price declines due to their amplified exposure, with average daily returns of approximately -5.5% for Bitcoin, -11.5% for Ethereum, -6.3% for Solana, and -2.1% for XRP. Overall, the flow data indicate that investors continued reducing exposure to Bitcoin and Ethereum products while selectively allocating capital toward Solana- and XRP-focused funds despite the broader market downturn.

20260604_Digi_Returns_Flows

Bitcoin futures are down 2.9%, Cryptocurrency markets experienced a sharp selloff overnight, with total market capitalization falling 5.4% to $2.27 trillion from $2.37 trillion reported on June 3, erasing roughly $100 billion in value. The weakness was broad-based across major cryptocurrencies, with Bitcoin declining 5.4% to $63,015, Ethereum falling 6.0% to $1,757, Solana dropping 8.9% to $68.06, and Cardano losing 12.3% to $0.19. Altcoins were hit particularly hard, as NEAR Protocol fell 18.1%, SEI declined 16.3%, Toncoin dropped 15.4%, and Ondo lost 13.5%, reversing much of the strength seen in several of these names just a day earlier. Despite the market-wide downturn, Worldcoin (WLD) continued to outperform, rising 10.9% over the past 24 hours and 68.0% over the past week, while Monero (XMR) gained 2.2%, demonstrating relative resilience. Sector performance was broadly negative, with Layer-1, Metaverse, and DeFi tokens all posting significant losses, highlighting a risk-off environment and continued pressure on higher-beta crypto assets. Overall, the market tone remains decidedly bearish, with altcoins substantially underperforming Bitcoin and Ethereum as investors continue to reduce risk exposure.

June 4, 2026:

 Trading Update as of 06:00ET: Total Market Cap (5.4%) to $2.27T

• Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
  • Worldcoin (WLD) $0.52 / +10.9% / +68.0% / $5.17B
  • Monero (XMR) $343.00 / +2.2% / (9.4%) / $6.33B
• Notable Decliners
  • NEAR Protocol (NEAR) $2.34 / (18.1%) / (2.6%) / $3.04B
  • SEI (Sei) $0.05 / (16.3%) / (22.2%) / $0.53B
  • Toncoin (TON) $1.70 / (15.4%) / (6.5%) / $8.82B
  • DeXe (DEXE) $18.50 / (13.7%) / +11.7% / $1.79B
  • Ondo (ONDO) $0.36 / (13.5%) / (2.1%) / $3.56B
• Layer-1
  • Bitcoin (BTC) $63,015 / (5.4%) / (14.2%) / $1323.32B
  • Ethereum (ETH) $1,757 / (6.0%) / (11.7%) / $212.06B
  • BNB (BNB) $594.32 / (7.2%) / (6.0%) / $80.11B
  • Solana (SOL) $68.06 / (8.9%) / (16.0%) / $42.72B
  • Cardano (ADA) $0.19 / (12.3%) / (18.0%) / $8.52B
  • Avalanche (AVAX) $7.65 / (7.4%) / (13.4%) / $5.47B
  • Hedera (HBAR) $0.08 / (4.4%) / +0.1% / $4.18B
  • NEAR Protocol (NEAR) $2.34 / (18.1%) / (2.6%) / $3.04B
  • Fantom (Migrated to Sonic) (FTM) $2.34 / (0.7%) / (13.7%) / $2.21B
  • Polkadot (DOT) $1.02 / (7.8%) / (14.7%) / $2.14B
• Metaverse
  • Internet Computer (ICP) $2.66 / (12.3%) / +0.4% / $1.47B
  • Chiliz (CHZ) $0.03 / (19.0%) / (19.4%) / $0.28B
  • Axie Infinity (AXS) $0.99 / (13.1%) / (8.7%) / $0.27B
  • Klaytn (KLAY) $0.04 / (8.1%) / (11.8%) / $0.24B
  • The Sandbox (SAND) $0.06 / (8.8%) / (14.7%) / $0.17B
• DeFi
  • Chainlink (LINK) $7.91 / (6.6%) / (11.1%) / $7.91B
  • Cronos (CRO) $0.06 / (5.0%) / (8.2%) / $6.02B
  • Uniswap (UNI) $2.63 / (7.9%) / (12.8%) / $2.36B
  • Filecoin (FIL) $0.83 / (6.5%) / (13.5%) / $1.63B
  • OKB (OKB) $74.81 / (10.8%) / (12.8%) / $1.57B

June 3, 2026:

Trading Update as of 18:00ET: Total Market Cap (2.2%) to $2.37T

• Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
  • Worldcoin (WLD) $0.54 / +34.5% / +60.0% / $5.44B
  • NEAR Protocol (NEAR) $2.91 / +9.3% / +14.8% / $3.78B
  • Hyperliquid (HYPE) $75.04 / +9.0% / +25.9% / $72.16B
  • ONDO (Ondo) $0.26 / +8.1% / +0.3% / $2.64B
  • Monero (XMR) $357.98 / +8.0% / (10.1%) / $6.6B
• Notable Decliners
  • Humanity (H) $0.59 / (13.8%) / +110.2% / $5.88B
  • Bitcoin Cash (BCH) $245.91 / (12.7%) / (26.7%) / $5.16B
  • Cardano (ADA) $0.2 / (5.7%) / (13.6%) / $9.19B
  • OKB (OKB) $79.72 / (5.5%) / (7.8%) / $1.67B
  • BNB (BNB) $626.95 / (4.8%) / (3.0%) / $84.5B
• Layer-1
  • Bitcoin (BTC) $65,584 / (2.8%) / (11.7%) / $1377.27B
  • Ethereum (ETH) $1,845 / (2.8%) / (8.5%) / $222.69B
  • XRP (XRP) $1.22 / (0.6%) / (7.2%) / $121.74B
  • BNB (BNB) $626.95 / (4.8%) / (3.0%) / $84.5B
  • Hyperliquid (HYPE) $75.04 / +9.0% / +25.9% / $72.16B
  • Solana (SOL) $72.63 / (3.9%) / (11.5%) / $45.59B
  • TRON (TRX) $0.33 / (0.4%) / (9.3%) / $31.64B
  • Cardano (ADA) $0.2 / (5.7%) / (13.6%) / $9.19B
• Metaverse
  • Internet Computer (ICP) $3.17 / +2.7% / +11.0% / $1.75B
  • Illuvium (ILV) $3.85 / +2.7% / (5.9%) / $0.04B
  • Basic Attention Token (BAT) $0.1 / +1.4% / +7.9% / $0.16B
  • Gala (GALA) $0.003 / +0.3% / (6.5%) / $0.15B
  • Enjin Coin (ENJ) $0.04 / +0.1% / (5.2%) / $0.07B
• DeFi
  • Huobi Token (HT) $0.13 / +113.2% / +7.7% / $0.07B
  • Arweave (AR) $2.59 / +18.1% / +16.3% / $0.17B
  • SushiSwap (SUSHI) $0.24 / +18.0% / +18.8% / $0.07B
  • Filecoin (FIL) $0.95 / +7.6% / (8.6%) / $1.85B
  • Osmosis (OSMO) $0.05 / +7.0% / (19.6%) / $0.05B