Ethereum ETFs surged with a $57.91M inflow, highlighting a shift in investor focus from Bitcoin to altcoins amid market uncertainty.
ETH/BTC charts signal bullish momentum, with triangle consolidation and key resistance levels suggesting potential for a breakout.
Bitcoin ETFs face outflows, losing $530M over the week, as institutional capital rotates into Ethereum and altcoins.
Ethereum ETFs recorded a powerful $57.91 million inflow on June 5, significantly outpacing Bitcoin ETF activity despite volatile market conditions. BlackRock's ETHA fund absorbed the bulk, adding over 27,000 ETH in a single day and signaling a potential rotation toward altcoin leadership.
Ethereum ETF Inflows Accelerate Amid Market Rotation
According to a report by Lookonchain, 9 Ethereum ETFs collectively pulled in +22,029 ETH on June 5, pushing their 7-day net inflow to an impressive +515,413 ETH. BlackRock’s ETHA led with +27,846 ETH daily inflow, growing its holdings to 1,493,295 ETH valued at $3.93 billion. The post confirms how activity continues flowing, signaling long-term stability for some sectors.
Grayscale’s ETMG added +3,200 ETH for the day and +6,296 ETH over the week, while Bitwise’s ETHW added +41 ETH daily and +1,706 ETH weekly. Although Fidelity’s FETH saw a sharp -8,890 ETH daily outflow, it still posted a weekly gain of +25,139 ETH, suggesting strategic rebalancing, not retreat. Franklin’s EZET and VanEck’s EFUT saw no significant change across either period.
Total ETH ETF holdings now stand at 3,756,929 ETH, equivalent to approximately $1.95 billion in inflows for the week. These trends suggest Ethereum is regaining favor among institutions, positioning itself as a high-beta alternative amid broader crypto uncertainty.
ETH/BTC Chart Patterns Signal Bullish Momentum Shift
According to CryptoWZRD, Ethereum’s price structure against Bitcoin is forming a textbook pennant pattern following a completed five-wave impulse downtrend from November 2023 to April 2025. After bottoming at 0.0450, ETH/BTC broke its descending channel and is now consolidating in a triangle between 0.0500 and 0.0535. If the bull flag plays out, the projected move targets 0.0620.
https://twitter.com/cryptoWZRD_/status/1930717879122456879
Horizontal resistance levels are stacked at 0.0580, 0.0600, and 0.0620, with analysts closely watching for a breakout confirmation. Market observers on X note the EMAs are aligning and highlight a Cup & Handle reversal forming. Likewise, others deem this to be a pivotal moment and go on to say that further developments are inevitable.
The ETH/BTC ratio currently trades near 0.0515, close to the triangle’s apex. Thus, although it might be too early to predict exact outcomes, many are holding and patiently waiting for positive results.
Bitcoin ETF Landscape Shows Broad Redemptions
Despite a +2,704 BTC inflow into BlackRock’s IBIT, most Bitcoin ETFs saw redemptions. According to the report, the sector recorded a total +1,031 BTC inflow on June 5, yet suffered a 7-day outflow of -7,658 BTC, valued near $530 million.
Fidelity’s FBTC lost -1,876 BTC daily and -2,812 BTC weekly, while ARKB shed -1,381 BTC over 7 days. GBTC, still holding 185,486 BTC, reported -1,228 BTC in weekly outflows. This signals either a significant breakthrough in ETH dominance or perhaps a warning for Bitcoin ETF sentiment as investors reallocate capital into altcoin markets.
The post Ethereum ETFs Soar With $1.95B Weekly Inflows as ETH/BTC Charts Signal Breakout appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
