This morning the crypto market showed a mixed trend. Total market capitalization declined by 1.35% to $3.21 trillion, while the altcoin market cap dropped 1.62% to $1.14 trillion, indicating reduced investor interest in altcoins. BTC dominance increased to 64.57%, suggesting a shift of funds back into Bitcoin from other cryptocurrencies.
Bitcoin gained 0.46% and is now trading at $104,362.38. Solana led altcoin recovery with a 1.62% rise, followed by BNB at 0.51%, XRP at 0.23%, and DOGE at 0.77%. However, Ethereum remains under pressure with a 0.44% decline.
The Fear and Greed Index stands at 57, reflecting a slightly optimistic sentiment as the market begins to stabilize.
Last week saw strong momentum in crypto investment flows, with total inflows of $286 million into exchange-traded products (ETPs), according to CoinShares’ latest report. Leading the inflows was Ether (ETH), which attracted $321 million, its best performance since December 2024, reflecting a sharp uptick in investor sentiment towards the asset.
In contrast, Bitcoin ETPs recorded $8 million in outflows, reversing a six-week inflow trend, largely driven by a US court ruling invalidating existing tariffs. XRP also posted its second consecutive week of significant outflows, totaling $28 million.
On the issuer front, BlackRock’s iShares ETFs topped the chart with $790 million in inflows, although their total assets under management (AUM) dropped to $72.9 billion from $74.8 billion due to BTC ETF outflows. ARK Invest and 21Shares saw the largest net outflows at $282 million, pushing their YTD net flow into negative territory.
While volatility was heightened amid US macro uncertainty and seasonal weakness typical for June, the broader trend remains positive. Crypto ETPs have now accumulated $10.9 billion in net inflows over the past seven weeks, signaling that long-term investors are increasingly using market dips to gain exposure, particularly in $ETH .