Ether-based investment products led the tributaries between cryptocurrency base last week, despite a slowdown in investor activity, for the reason that markets await the clarity of the US Federal Reserve.
Ether (Eth) -aus Exchange trade (ETPS) received $ 296 million in tributaries last week and, in accordance with a report by Coinshares, marked their best week since US President Donald Trump elections.
Ether -based investment products now make up over 10.5% of the assets to be managed (AUM) of all crypto -based ETPs.
This was the seventh week of tributaries for Ether ETPs in a row and the “significant recovery of the mood amongst investors”, wrote Coinhares within the report.
Crypto flows through assets. Source: Coinhares
“The ETH is more likely to be between 2,400 and a couple of,800 US dollars, whereby the trade voltages and deflationed pressure restrict the profits,” said Ryan Lee, chief analyst at Bitget Research.
“Network upgrades and ETF inflows could support pressure on $ 2,700, although a wider market sale can support $ 2,300,” he told CoinTelegraph.
Fed uncertainty burdens bitcoin
In all investment enrichers for digital assets, the weekly inflows reached $ 286 million, which increased the seven-week total number to greater than $ 11 billion. Bitcoin (BTC) fund, nevertheless, recorded 56 million US dollars of drains, a second week in a row with net loss.
Coinshares performed the delay of the Bitcoin inflows in front of the (FOMC) of the Federal Open Market Committee (FOMC) on June 18. Investors have adopted a “waiting time before further signals from the US Federal Reserve on Inflation”.
FED -SIES -ZUNSPRESTEMEDIENTIONS. Source: Fedwatch tool of the CME Group
The markets are currently praising a probability of 99.9%that the Fed will keep rates of interest stable throughout the next FOMC meeting. This goes from the recent estimates of the Fedwatch tool of the CME Group.
According to Alice Li, investment partner and head of us on the Crypto Venture Capital company Foresight Ventures, the primary rate of interest of the 12 months can offer the following catalyst for the Bitcoin price.
“I firmly consider in Bitcoin and the crypto market. I believe Bitcoin could achieve a minimum of 150,000 US dollars on this cycle,” said Li throughout the CoinTelegraph's chain response X Spaces Show on Tuesday.
Source: cointelegraph
In the meantime, Crypto Venture Capital Deals slowed all the way down to only 62 investment rounds in May and marked their lowest monthly variety of 2025, which led to 909 million US dollars for the industry.