Last week, despite an overall slowdown in investor activity, Ethereum (ETH) investment products led net inflows among cryptocurrency investment products, as the market awaited clear signals from the U.S. Federal Reserve (Fed).
According to a report by CoinShares on Monday, Ethereum exchange-traded products (ETPs) recorded net inflows of $296 million last week, marking the best week since Donald Trump was elected President of the United States in 2024.
Ethereum investment products currently account for over 10.5% of the total assets under management (AUM) of all cryptocurrency-based ETPs.
CoinShares noted in the report that this marks the seventh consecutive week of net inflows for Ethereum ETPs, and that "investor sentiment has significantly recovered."
Ryan Lee, Chief Analyst at Bitget Research, stated, "Ethereum's price may fluctuate between $2,400 and $2,800, with trade tensions and deflationary pressures limiting the upside."
He told Cointelegraph, "Network upgrades and ETF inflows could push the price towards $2,700, but broader market sell-offs may test the support level at $2,300."
Among all digital asset investment products, net inflows reached $286 million last week, bringing the total inflows over the past seven weeks to over $11 billion. However, Bitcoin (BTC) funds recorded a net outflow of $56 million, marking a second consecutive week of net losses.
CoinShares attributed the slowdown in Bitcoin inflows to investors' cautious stance ahead of the Federal Open Market Committee (FOMC) interest rate decision on June 18. The report stated that investors adopted a "wait-and-see attitude" while awaiting further signals from the U.S. Federal Reserve regarding inflation.
According to the latest estimates from the CME Group FedWatch tool, the market currently expects a 99.9% probability that the Fed will keep interest rates unchanged at the next FOMC meeting.
Alice Li, Investment Partner and Head of U.S. Operations at crypto venture capital firm Foresight Ventures, stated that the first interest rate cut this year could become the next catalyst for Bitcoin's price.
She said during Tuesday's Cointelegraph Chain Reaction X Spaces program, "I firmly believe in Bitcoin and the crypto market. Therefore, I think Bitcoin can reach at least $150,000 in this cycle."
Meanwhile, crypto venture capital deals slowed to just 62 rounds in May, marking the lowest monthly level since 2025, raising $909 million for the industry.
Related: Giant Whales Surge, Institutions Cluster: Is Ethereum (ETH) Heading Towards "Bitcoin-like Asset Allocation"?
Original article: “Ethereum (ETH) Crypto Funds Recorded $296 Million in Inflows Last Week, the Best Week Since Trump's Election”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
