diff --git a/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-background-state.json b/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-background-state.json
index 6252c91e73a2..e8ca8579a7a4 100644
--- a/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-background-state.json
+++ b/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-background-state.json
@@ -238,10 +238,6 @@
       "redesignedTransactionsEnabled": "boolean",
       "tokenSortConfig": "object",
       "tokenNetworkFilter": {
-        "0x1": "boolean",
-        "0xaa36a7": "boolean",
-        "0xe705": "boolean",
-        "0xe708": "boolean",
         "0x539": "boolean"
       },
       "shouldShowAggregatedBalancePopover": "boolean"
diff --git a/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-ui-state.json b/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-ui-state.json
index 3bc7057435c8..cbc9ff5b74c4 100644
--- a/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-ui-state.json
+++ b/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-ui-state.json
@@ -39,10 +39,6 @@
       "redesignedTransactionsEnabled": "boolean",
       "tokenSortConfig": "object",
       "tokenNetworkFilter": {
-        "0x1": "boolean",
-        "0xaa36a7": "boolean",
-        "0xe705": "boolean",
-        "0xe708": "boolean",
         "0x539": "boolean"
       },
       "shouldShowAggregatedBalancePopover": "boolean"
diff --git a/test/e2e/tests/metrics/state-snapshots/errors-before-init-opt-in-background-state.json b/test/e2e/tests/metrics/state-snapshots/errors-before-init-opt-in-background-state.json
index 5d6be06b692e..07b292d33b3b 100644
--- a/test/e2e/tests/metrics/state-snapshots/errors-before-init-opt-in-background-state.json
+++ b/test/e2e/tests/metrics/state-snapshots/errors-before-init-opt-in-background-state.json
@@ -120,8 +120,7 @@
         "tokenSortConfig": "object",
         "tokenNetworkFilter": {},
         "showMultiRpcModal": "boolean",
-        "shouldShowAggregatedBalancePopover": "boolean",
-        "tokenNetworkFilter": {}
+        "shouldShowAggregatedBalancePopover": "boolean"
       },
       "selectedAddress": "string",
       "theme": "light",
diff --git a/ui/components/app/assets/asset-list/asset-list-control-bar/asset-list-control-bar.tsx b/ui/components/app/assets/asset-list/asset-list-control-bar/asset-list-control-bar.tsx
index e5c43aad281d..a09b5128396a 100644
--- a/ui/components/app/assets/asset-list/asset-list-control-bar/asset-list-control-bar.tsx
+++ b/ui/components/app/assets/asset-list/asset-list-control-bar/asset-list-control-bar.tsx
@@ -87,8 +87,13 @@ const AssetListControlBar = ({ showTokensLinks }: AssetListControlBarProps) => {
   // We need to set the default filter for all users to be all included networks, rather than defaulting to empty object
   // This effect is to unblock and derisk in the short-term
   useEffect(() => {
-    if (Object.keys(tokenNetworkFilter || {}).length === 0) {
+    if (
+      process.env.PORTFOLIO_VIEW &&
+      Object.keys(tokenNetworkFilter || {}).length === 0
+    ) {
       dispatch(setTokenNetworkFilter(allOpts));
+    } else {
+      dispatch(setTokenNetworkFilter({ [currentNetwork.chainId]: true }));
     }
   }, []);
 
diff --git a/ui/components/app/assets/token-list/token-list.tsx b/ui/components/app/assets/token-list/token-list.tsx
index 3f094634743e..5e25c7ff5f41 100644
--- a/ui/components/app/assets/token-list/token-list.tsx
+++ b/ui/components/app/assets/token-list/token-list.tsx
@@ -112,12 +112,14 @@ export default function TokenList({
 
   // Ensure newly added networks are included in the tokenNetworkFilter
   useEffect(() => {
-    const allNetworkFilters = Object.fromEntries(
-      Object.keys(allNetworks).map((chainId) => [chainId, true]),
-    );
-
-    if (Object.keys(tokenNetworkFilter).length > 1) {
-      dispatch(setTokenNetworkFilter(allNetworkFilters));
+    if (process.env.PORTFOLIO_VIEW) {
+      const allNetworkFilters = Object.fromEntries(
+        Object.keys(allNetworks).map((chainId) => [chainId, true]),
+      );
+
+      if (Object.keys(tokenNetworkFilter).length > 1) {
+        dispatch(setTokenNetworkFilter(allNetworkFilters));
+      }
     }
   }, [Object.keys(allNetworks).length]);
 
diff --git a/ui/components/multichain/network-list-menu/network-list-menu.tsx b/ui/components/multichain/network-list-menu/network-list-menu.tsx
index 4dcecbf696e7..9c99b3048a95 100644
--- a/ui/components/multichain/network-list-menu/network-list-menu.tsx
+++ b/ui/components/multichain/network-list-menu/network-list-menu.tsx
@@ -292,7 +292,7 @@ export const NetworkListMenu = ({ onClose }: { onClose: () => void }) => {
           // however, if I am already filtered on "Current Network", we'll want to filter by the selected network when the network changes
           if (Object.keys(tokenNetworkFilter).length <= 1) {
             dispatch(setTokenNetworkFilter({ [network.chainId]: true }));
-          } else {
+          } else if (process.env.PORTFOLIO_VIEW) {
             dispatch(setTokenNetworkFilter(allOpts));
           }