Crypto Morning Daily

Crypto ETFs posted strong gains on June 8 as digital assets rebounded broadly, led by Ethereum-, XRP-, and Solana-related products. Among Bitcoin ETFs, spot funds gained roughly 5.0%-5.2%, with iShares Bitcoin Trust (IBIT) rising 5.1%, Fidelity Wise Origin Bitcoin Fund (FBTC) up 5.2%, and Grayscale Bitcoin Trust (GBTC) advancing 5.1%. Despite the positive performance, flows remained mixed, with IBIT experiencing approximately $214 million of outflowsand FBTC seeing $60 million of outflows. Leveraged Bitcoin products significantly outperformed, with BITU (+10.2%), BITX (+9.9%), and BTCL (+9.9%) benefiting from the sharp move higher in Bitcoin.

Ethereum ETFs were among the strongest performers, with spot products generally advancing 6.8%-7.2%. The iShares Ethereum Trust (ETHA) gained 7.2%, while Fidelity Ethereum Fund (FETH) and Bitwise Ethereum ETF (ETHW) rose approximately 6.9%-7.2%. Leveraged Ethereum funds amplified those gains, with ETU (+14.5%), ETHT (+13.6%), and ETHU (+13.4%) delivering double-digit returns. Flow activity was mixed, with ETHA recording roughly $13 million of outflows, while Grayscale Ethereum Staking ETF (ETHE) attracted approximately $3.2 million of inflows.

XRP ETFs also posted strong gains following XRP’s 5.0% advance. Spot-oriented products such as Canary XRP ETF (XRPC), Franklin XRP ETF (XRPZ), and Grayscale XRP Trust ETF (GXRP) rose approximately 7%-8%. Leveraged XRP products generated the largest returns in the category, led by XRPT (+15.1%), XXRP (+14.2%), and UXRP (+14.0%), with XXRP attracting approximately $1.7 million of net inflows.

Solana ETFs participated in the rally as Solana gained 5.2%. Spot and staking-oriented products generally rose 6.1%-6.6%, including Bitwise Solana Staking ETF (BSOL) at +6.4%, VanEck Solana ETF (VSOL) at +6.3%, and Fidelity Solana Fund (FSOL) at +6.6%. Leveraged Solana exposure outperformed, with SOLT (+12.8%) and SLON (+11.9%), while SOLT attracted approximately $2.0 million of inflows.

Across the leveraged crypto ETF universe, returns were generally about 2x the gains of their underlying assets, with Ethereum and XRP leveraged funds producing the strongest daily performance. The session reflected broad-based risk appetite across digital assets, although fund flows remained selective, with notable outflows from several large Bitcoin ETFs offsetting inflows into certain leveraged and alternative crypto products.

20260609_Digi_Returns_Flows

Cryptocurrencies weakened overnight after a strong rally on June 8, with total market capitalization falling 1.8% to $2.24 trillion as investors took profits across major assets. Bitcoin declined 1.2% to $62,657 and Ethereum slipped 0.2% to $1,670, while most Layer-1 networks remained under pressure and continued to show double-digit losses over the past week. Despite the broader market weakness, several tokens demonstrated relative strength, led by Zcash (+10.6%), Worldcoin (+8.7%), and Canton (+6.4%), while privacy-focused Monero also posted gains. On the downside, Sei fell 4.5%, extending its seven-day decline to nearly 29%, while Stellar, Internet Computer, and UNUS SED LEO also lagged. Sector performance was mixed, with Metaverse and DeFi tokens generally remaining weak despite isolated gains in names such as Chiliz and OKB. Overall, the market remains in a corrective phase, with investors favoring a small group of outperformers while risk appetite across the broader digital asset landscape remains subdued.

June 9, 2026:

Trading Update as of 06:00ET: Total Market Cap (0.8%) to $2.24T

• Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
  • Zcash (ZEC) $473.43 / +10.6% / (14.9%) / $9.94B
  • Worldcoin (WLD) $0.51 / +8.7% / +24.7% / $5.12B
  • Canton (CC) $0.16 / +6.4% / +6.6% / $6.36B
  • Monero (XMR) $323.06 / +2.5% / (6.0%) / $6.06B
• Notable Decliners
  • SEI (Sei) $0.05 / (4.5%) / (28.7%) / $0.48B
  • UNUS SED LEO (LEO) $9.42 / (2.6%) / (5.9%) / $9.29B
  • Aster (ASTER) $0.62 / (2.5%) / (9.7%) / $4.92B
  • Stellar (XLM) $0.2 / (2.3%) / (13.9%) / $9.85B
  • Internet Computer (ICP) $2.31 / (2.2%) / (21.5%) / $1.28B
• Layer-1
  • Bitcoin (BTC) $62,657 / (1.2%) / (9.6%) / $1315.79B
  • Ethereum (ETH) $1,670 / +0.2% / (15.3%) / $201.54B
  • BNB (BNB) $599.78 / +0.2% / (11.2%) / $80.84B
  • Solana (SOL) $66.16 / (0.1%) / (16.3%) / $41.55B
  • Cardano (ADA) $0.17 / +1.8% / (24.9%) / $7.54B
  • Avalanche (AVAX) $6.67 / (0.1%) / (23.1%) / $4.77B
  • Hedera (HBAR) $0.08 / (2.0%) / (11.4%) / $4.01B
  • NEAR Protocol (NEAR) $2.14 / (1.2%) / (18.4%) / $2.77B
  • Fantom (Migrated to Sonic) (FTM) $2.14 / (0.7%) / (13.7%) / $2.21B
  • Polkadot (DOT) $0.96 / (0.2%) / (14.7%) / $2.02B
• Metaverse
  • Internet Computer (ICP) $2.31 / (2.2%) / (21.7%) / $1.28B
  • Chiliz (CHZ) $0.03 / +6.4% / (25.1%) / $0.28B
  • Axie Infinity (AXS) $0.93 / (1.6%) / (18.6%) / $0.25B
  • Klaytn (KLAY) $0.04 / (0.7%) / (21.7%) / $0.22B
  • The Sandbox (SAND) $0.05 / (2.8%) / (22.3%) / $0.15B
• DeFi
  • Chainlink (LINK) $7.86 / (0.5%) / (10.7%) / $7.86B
  • Cronos (CRO) $0.06 / (0.4%) / (5.4%) / $6.11B
  • Uniswap (UNI) $2.50 / (0.8%) / (13.7%) / $2.24B
  • OKB (OKB) $73.73 / +1.7% / (15.4%) / $1.55B
  • Filecoin (FIL) $0.77 / (0.5%) / (17.1%) / $1.5B

June 8, 2026:

Trading Update as of 18:00ET: Total Market Cap +3.0% to $2.28T

• Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
  • Ondo (ONDO) $0.37 / +11.9% / +6.0% / $3.74B
  • Zcash (ZEC) $469.55 / +10.9% / (14.2%) / $9.86B
  • Hyperliquid (HYPE) $64.29 / +10.5% / (11.7%) / $61.34B
  • Worldcoin (WLD) $0.51 / +9.6% / +17.0% / $5.14B
  • NEAR Protocol (NEAR) $2.16 / +9.2% / (18.7%) / $2.8B
• Notable Decliners
  • Bitcoin Cash (BCH) $212.75 / (4.5%) / (26.6%) / $4.47B
  • UNUS SED LEO (LEO) $9.45 / (1.7%) / (5.6%) / $9.31B
• Layer-1
  • Bitcoin (BTC) $63,742 / +3.4% / (10.1%) / $1338.58B
  • Ethereum (ETH) $1,706 / +4.8% / (14.3%) / $205.89B
  • XRP (XRP) $1.18 / +5.0% / (8.4%) / $118.29B
  • BNB (BNB) $608.98 / +2.8% / (11.6%) / $82.08B
  • Hyperliquid (HYPE) $64.29 / +10.5% / (11.7%) / $61.34B
  • Solana (SOL) $67.69 / +5.2% / (16.0%) / $42.51B
  • TRON (TRX) $0.33 / +0.7% / (4.7%) / $31.04B
• Metaverse
  • Basic Attention Token (BAT) $0.1 / +14.8% / (13.1%) / $0.15B
  • Chiliz (CHZ) $0.03 / +6.7% / (26.5%) / $0.27B
  • ApeCoin (APE) $0.13 / +6.5% / (12.8%) / $0.13B
  • Gala (GALA) $0.003 / +4.9% / (14.1%) / $0.13B
  • Yield Guild Games (YGG) $0.03 / +4.6% / (28.5%) / $0.03B
• DeFi
  • Compound (COMP) $18.54 / +15.4% / +3.2% / $0.19B
  • Trust Wallet Token (TWT) $0.39 / +7.5% / (12.9%) / $0.39B
  • Onyxcoin (XCN) $0.004 / +6.4% / (11.3%) / $0.27B
  • PancakeSwap (CAKE) $1.32 / +6.4% / (7.8%) / $0.53B