Crypto ETFs posted a broadly positive trading session as digital assets rebounded, led by an outsized rally in Solana-related ETFs while Bitcoin, Ethereum, and XRP ETFs all finished modestly higher. Despite the daily gains, most crypto ETF categories remain under pressure over the past week and month, reflecting the broader correction that has taken place across digital assets.
Bitcoin ETFs advanced approximately 0.7% to 1.0% on the day. The iShares Bitcoin Trust (IBIT) gained 0.98% to $33.85, while Fidelity’s FBTC rose 0.99% to $51.98 and Grayscale’s GBTC added 0.83% to $46.28. Leveraged exposure outperformed, with the 2x Bitcoin Strategy ETF (BITX) climbing 1.61% to $10.72. Investor flows, however, remained mixed, with IBIT recording approximately $266 million of net outflows during the latest trading day, partially offset by modest inflows into several smaller products.
Ethereum ETFs also moved higher, although gains were more muted than Solana. The iShares Ethereum Trust (ETHA) rose 1.28% to $11.89, while Bitwise ETHW gained 0.99% and VanEck’s ETHV advanced 1.10%. Leveraged Ethereum funds outperformed as expected, with the 2x Ether ETF (ETHU) gaining 2.34% and the ProShares Ultra Ether ETF (ETHT) rising 2.19%. Fund flows remained generally subdued, with ETHA experiencing roughly $63 million in daily outflows.
XRP ETFs continued their recent stabilization, posting gains between 1.2% and 1.5% across most traditional products. The Canary XRP ETF (XRPC) increased 1.46% to $11.13, while the Franklin XRP ETF (XRPZ) added 1.43%. Leveraged XRP funds generated stronger returns, with the Teucrium 2x Long Daily XRP ETF (XXRP) climbing 2.49%and the Volatility Shares XRP 2X ETF (XRPT) surging 3.60%, reflecting the leverage effect during the market rebound.
Solana ETFs were the standout performers of the day. Spot Solana ETFs rallied roughly 10.7% to 11.2%, led by the REX-Osprey SOL + Staking ETF (SSK), which gained 11.16%, while the Bitwise Solana Staking ETF (BSOL) rose 10.71% to $9.92. Leveraged Solana products delivered exceptional performance, with the 2x Solana ETF (SOLT)soaring 21.42% and the ProShares Ultra Solana ETF (SLON) jumping 23.00%, making Solana by far the strongest-performing crypto ETF segment during the session.
Overall, the trading day reflected a healthy recovery across the crypto ETF landscape, with leadership concentrated in Solana products while Bitcoin, Ethereum, and XRP ETFs posted more measured gains. Although short-term momentum improved meaningfully, most crypto ETF categories remain down over the past month, suggesting investors are still balancing renewed risk appetite against a broader corrective trend.
The cryptocurrency market traded modestly lower to begin the week, with total market capitalization slipping 0.3% to $2.15 trillion as investors continued to digest recent volatility across digital assets. While a handful of altcoins posted gains, weakness in Bitcoin and Ethereum weighed on overall sentiment. Investors remain cautious following last week’s pullback, with buying interest concentrated in select Layer-1 projects rather than the broader market.
Among the day’s strongest performers, Sei (SEI) surged 12.0% over the past 24 hours and is now up 7.5% over the past week as momentum continued to build around the network. Avalanche (AVAX) gained 3.3%, extending its weekly advance to 5.2%, while Ondo Finance (ONDO) added 3.1% despite remaining down 14.7% over the past seven days. Gram (formerly Toncoin) also advanced 2.9%, helping offset weakness elsewhere in the market. On the downside, Worldcoin (WLD) led declines, falling 5.8% and extending its seven-day loss to more than 31%, while Pi Network (PI)dropped 4.9% and Canton (CC) declined 4.8%. DeXe (DEXE) pulled back 2.1% after its strong recent rally but remains up more than 40% over the past week.
Among the major Layer-1 cryptocurrencies, Bitcoin (BTC) slipped 0.6% to $59,867, leaving it down 6.6% over the past week. Ethereum (ETH) eased 0.3% to $1,572, extending its seven-day decline to 9.9%, while BNB fell 0.5%. Solana (SOL) was a notable outperformer, rising 1.5% to $72.71, and Avalanche continued to attract buying interest with another strong session. Elsewhere, Cardano (ADA) declined 0.3%, NEAR Protocol lost 1.9%, while Polkadot (DOT)managed a 1.0% gain despite remaining nearly 15% lower over the past week.
Performance across other digital asset sectors was mixed. Within the Metaverse segment, Axie Infinity (AXS) and Klaytn (KLAY) each rose 1.3%, while Internet Computer (ICP) edged 0.3% higher. However, Chiliz (CHZ) fell 2.0% and The Sandbox (SAND) declined 0.4%, reflecting continued weakness across gaming-related tokens. In DeFi, trading was relatively resilient, with Aave (AAVE) gaining 1.7% and extending its impressive 21.3% advance over the past week. OKB added 1.5%, while Chainlink (LINK) and Uniswap (UNI) posted modest gains. Cronos (CRO) was one of the few laggards in the sector, slipping 0.8%.
Overall, the crypto market remains in a consolidation phase following recent selling pressure. Although Bitcoin and Ethereum continue to trade below recent highs, strength in select Layer-1 networks such as Solana, Avalanche, and Sei, along with continued resilience in portions of the DeFi ecosystem, suggests investors remain willing to selectively add risk as they await the next major catalyst for digital assets.
June 29, 2026:
Trading Update as of 06:00ET: Total Market Cap (0.3%) to $2.15T
