Based on the Crypto ETF ecosystem data as of June 23, 2026, digital asset ETFs rebounded sharply following the recent selloff, with most categories posting strong daily gains despite remaining lower over the past week and month. Bitcoin, Ethereum, Solana, and XRP-linked funds all advanced on the day, while leveraged products significantly outperformed as risk appetite returned. Fund flow trends remained mixed, with investors continuing to selectively add exposure to certain categories despite recent volatility.
Bitcoin ETFs
Bitcoin ETFs gained approximately 2.3% to 2.5% on average for the day, though the category remains down roughly 3.3% over the past week and 15.0% over the past month. Flows were mixed among the largest products. Some funds experienced notable outflows, including approximately $96.7 million of daily withdrawals from one major product, while others saw positive inflows, including roughly $27.3 million. Despite recent weakness, several Bitcoin ETFs continue to maintain positive one-year net inflow trends, reflecting ongoing institutional adoption.
Ethereum ETFs
Ethereum ETFs also moved higher, posting average daily gains of approximately 1.4% to 1.7%. However, Ethereum continues to lag Bitcoin over longer periods, with the category down roughly 4.8% over the past week, 16.1% over the past month, and more than 40% over the past six months. Fund flows were relatively subdued, though the category continues to hold substantial positive one-year inflows, led by the largest spot Ethereum products.
Solana ETFs
Solana-linked ETFs underperformed the broader crypto ETF market, declining between 0.6% and 1.1% on average during the session. The category remains under pressure, with losses of roughly 11% over the past week and approximately 15% over the past month. Flows were mixed, with some funds attracting modest inflows while others experienced continued withdrawals. Longer-term performance remains challenged following the broader weakness in altcoins.
XRP ETFs
XRP-linked ETFs were among the strongest performers of the day, advancing approximately 4.6% to 5.0% across most products. Despite the rebound, XRP funds remain down roughly 3.2% over the past week, 13.8% over the past month, and approximately 40% over the past six months. Fund flows were generally positive, with several products reporting fresh inflows and improving investor sentiment after the recent correction.
Leveraged Crypto ETFs
Leveraged products delivered the largest gains as expected. Leveraged Bitcoin, Ethereum, Solana, and XRP funds generally rose between 4.8% and 9.5% on the day, roughly doubling the returns of their underlying assets. Despite the strong rebound, most leveraged products remain significantly lower over longer periods, with many still down 30% to 75% over the past six months due to the amplified impact of recent market volatility.
The cryptocurrency market experienced a broad selloff on June 23, with total market capitalization declining 2.7% to $2.22 trillion as investors reduced risk exposure across both large-cap cryptocurrencies and higher-beta altcoins. Bitcoin fell 2.7% to $62,319, extending its weekly decline to 6.3%, while Ethereum underperformed with a 5.5% drop to $1,649 and is now down nearly 8% over the past seven days. Other major Layer-1 networks also traded sharply lower, including Solana, which fell 6.5% to $68.88, BNB, down 3.5% to $571.58, and Cardano, which declined 5.0% to $0.15. The weakness was particularly pronounced among smaller Layer-1 projects, with NEAR Protocol dropping 7.1% on the day and more than 20% over the past week, while Polkadot fell 6.7% and remains down 12.6% over the same period.
Despite the broader market weakness, a handful of tokens delivered notable gains. DeXe was the standout performer, surging 47.7% over the past 24 hours and extending its weekly gain to 21.7%, while Celestia added 4.0% on the day and is now up 8.0% over the past week. On the downside, Worldcoin fell 8.8%, Stellar declined 8.4%, and Hyperliquid lost 6.7%, reflecting continued pressure across speculative growth-oriented digital assets.
The metaverse segment also struggled as risk sentiment deteriorated. Internet Computer declined 4.6%, Klaytn fell 4.9%, and Chiliz dropped 8.0%, extending its weekly decline to nearly 23%. The Sandbox also lost 7.7% on the day. Axie Infinity was one of the few bright spots within the category, posting a modest 0.7% gain and remaining up 4.0% over the past seven days.
Decentralized finance (DeFi) tokens broadly mirrored the weakness seen across the broader market. Chainlink declined 5.6%, Uniswap fell 5.7%, Filecoin dropped 6.6%, and Cronos lost 4.6%. However, OKB bucked the trend with a 1.6% gain and remains positive on both a daily and weekly basis. While short-term price action was negative, several leading protocols continue to benefit from active token buyback and burn programs. During the week ended June 21, tracked DeFi protocols collectively removed approximately $17.3 million of tokens from circulation, led by Hyperliquid’s $9.4 million buyback program. Other notable contributors included Pump.fun, Chainlink, Uniswap, PancakeSwap, Jupiter, and Binance, highlighting ongoing efforts across the sector to reduce token supply and support long-term value creation.
Overall, June 23 reflected a clear risk-off session for digital assets, with weakness concentrated in Layer-1 networks, DeFi tokens, and metaverse-related projects. While the recent pullback has pressured prices across most categories, continued token buybacks, strong protocol activity, and selective strength in projects such as DeXe and Celestia suggest investors remain willing to reward assets with compelling growth catalysts and improving fundamentals.
Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
- DeXe (DEXE) $22.95 / +47.7% / +21.7% / $2.21B
- TIA (Celestia) $0.39 / +4.0% / +8.0% / $0.45B
Notable Decliners
- Worldcoin (WLD) $0.57 / (8.8%) / (13.2%) / $5.65B
- Stellar (XLM) $0.19 / (8.4%) / (12.9%) / $9.62B
- NEAR Protocol (NEAR) $1.99 / (7.1%) / (20.2%) / $2.59B
- Hyperliquid (HYPE) $62.91 / (6.7%) / (14.2%) / $60B
- Polkadot (DOT) $0.89 / (6.7%) / (12.6%) / $1.88B
Layer-1
- Bitcoin (BTC) $62,319 / (2.7%) / (6.3%) / $1308.7B
- Ethereum (ETH) $1,649 / (5.5%) / (7.9%) / $199.02B
- BNB (BNB) $571.58 / (3.5%) / (7.1%) / $77.04B
- Solana (SOL) $68.88 / (6.5%) / (8.1%) / $43.32B
- Cardano (ADA) $0.15 / (5.0%) / (15.3%) / $6.85B
- Avalanche (AVAX) $6.18 / (1.0%) / (11.1%) / $4.43B
- Hedera (HBAR) $0.08 / (2.3%) / (7.8%) / $3.86B
- NEAR Protocol (NEAR) $1.99 / (7.1%) / (20.2%) / $2.59B
- Fantom (Migrated to Sonic) (FTM) $1.99 / (0.7%) / (13.7%) / $2.21B
- Polkadot (DOT) $0.89 / (6.7%) / (12.6%) / $1.88B
Metaverse
- Internet Computer (ICP) $2.16 / (4.6%) / (11.8%) / $1.2B
- Axie Infinity (AXS) $1.04 / +0.7% / +4.0% / $0.28B
- Klaytn (KLAY) $0.04 / (4.9%) / (8.3%) / $0.21B
- Chiliz (CHZ) $0.02 / (8.0%) / (22.8%) / $0.2B
- The Sandbox (SAND) $0.05 / (7.7%) / (3.2%) / $0.16B
DeFi
- Chainlink (LINK) $7.53 / (5.6%) / (9.7%) / $7.53B
- Cronos (CRO) $0.06 / (4.6%) / (9.9%) / $5.62B
- Uniswap (UNI) $2.84 / (5.7%) / (3.6%) / $2.54B
- OKB (OKB) $77.64 / +1.6% / +2.5% / $1.63B
- Filecoin (FIL) $0.75 / (6.6%) / (6.5%) / $1.47B
