Key Takeaways:
Ethereum funds recorded inflows of $321 million last week, marking a continuation of a six-week trend.
The price of ETH is currently trading within a narrow range and requires a breakout above $2,500–$2,520 to shift into bullish territory.
In the larger digital asset market, total funds added $286 million, although overall assets faced pressure due to market volatility.
Ethereum has re-emerged as a focal point for institutional investors, who channeled $321 million into ETH investment products last week, the highest weekly inflow since December 2024.
This latest surge in investment extends Ethereum’s inflow streak to six successive weeks, contributing to a total of $1.19 billion during this timeframe, as reported by asset manager CoinShares.
The notable inflow figures indicate a rising bullish sentiment surrounding the second-largest cryptocurrency by market capitalization.
Digital Asset Funds Experience $286M Inflows
Additionally, the broader digital asset sector saw a total of $286 million in inflows last week across crypto investment products worldwide.
Despite this influx, total assets under management (AuM) dropped from a peak of $187 billion to $177 billion, as market prices retracted amid renewed volatility, driven in part by ongoing uncertainty related to U.S. trade policy.
Regionally, U.S.-based funds dominated with $199 million in inflows, followed closely by Hong Kong with $54.8 million—its strongest week since the ETF’s launch—and Germany with $42.9 million. In contrast, Switzerland experienced outflows of $32.8 million.
Bitcoin had a mixed performance during the week. Initially benefiting from positive inflows, the momentum shifted mid-week after a U.S. court decision on tariffs unsettled the market.
By the end of the week, Bitcoin products recorded modest outflows of $8 million, ending a six-week inflow streak that had amassed a total of $9.6 billion.
In another development, XRP funds saw outflows of $28.2 million, representing a second consecutive week of diminished investor interest.
Moreover, BlackRock’s iShares Bitcoin Trust (IBIT) experienced a notable $430.8 million in outflows on May 30, halting a 31-day inflow streak—the longest since its inception.
This exodus marks the largest single-day outflow for IBIT to date, based on data from Farside, following a month in which BlackRock added $6.2 billion in Bitcoin to its holdings.
Despite this recent pullback, IBIT still holds approximately $70 billion in total Bitcoin assets.
ETH Needs to Reclaim $2,500–$2,520 Zone for Bullish Prospects
Ethereum is currently trading around $2,482 following a period characterized by sideways movement.
On the 1-hour chart, ETH is range-bound between approximately $2,475 and $2,555, with Bollinger Bands reflecting reduced volatility in recent sessions. The Relative Strength Index (RSI) currently registers at 36.23, indicating that ETH may be nearing oversold conditions.
Furthermore, the MACD indicator remains negative at -3.66, suggesting a bearish sentiment, although some stabilization in momentum appears to be developing.
Looking at the 1-minute chart, ETH continues to hover around $2,483, with intraday resistance observed near $2,493 and support around $2,477.
The RSI is relatively neutral at 46.32, while the MACD has turned slightly positive at 0.61, indicating some short-term buying interest. However, the current price action remains volatile, lacking a decisive breakout.
The inflows of $321 million last week for ETH highlight an increasing institutional appetite for the cryptocurrency.
Nevertheless, the existing technical indicators reveal that ETH must reclaim the $2,500–$2,520 range for bullish momentum to regain strength. A failure to maintain trading above $2,475 could expose ETH to further declines towards $2,400.
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