$BTC $ETH
Ethereum Leads Inflows with $296M as Bitcoin Sees Outflows Amid Fed Uncertainty
Ethereum-based investment products attracted a staggering $296 million in net inflows last week—the largest weekly intake since prior to the 2024 U.S. presidential election—highlighting a remarkable seven-week inflow streak .
In contrast, Bitcoin investment vehicles experienced $56 million in outflows for the second consecutive week, driven by investor hesitation ahead of the Federal Reserve's June 18 rate decision and tightening monetary policy . Overall, the broader crypto investment landscape saw an approximate $286–$224 million net inflow, with Ethereum essentially offsetting Bitcoin’s declines .
Catalyst Events & Market Outlook
Key drivers include upcoming Ethereum network upgrades, potential approval of spot ETH ETFs, and bullish price forecasts ranging from $2,400 to $2,800 . Analysts at Bitget Research identify support at $2,300 with resistance between $2,700–$2,800 .
Spot ETF Developments
Notably, BlackRock’s ETHA Ethereum Trust added over 90,000 ETH in inflows during the past week, reinforcing institutional acceptance .
🔻 Bitcoin’s Pullback – Cause and Effect
Fed Watch & Policy Caution: With the Fed widely expected to hold rates steady, investors appear unwilling to commit to Bitcoin-linked products .
Shift in Risk Appetite: Capital is rotating toward assets perceived as offering greater upside or diversification—like Ethereum—reducing inflows into Bitcoin spots and futures.
Market Direction: Ethereum’s seven-week inflow streak—totaling roughly $1.5 billion—positions it as a focal point for institutional portfolios .
Price Expectations: Analysts suggest ETH could climb toward the $3,000 mark if ETF interest and network fundamentals remain strong .
Investor Strategy: The asset realignment hints that diversified crypto portfolios may increasingly lean toward Ethereum amid broader macroeconomic uncertainty.