Last week, ether-based investment products saw $296 million in inflows, the biggest since the 2024 US presidential election, despite a slowdown in overall crypto investor activity.
Ether exchange-traded products (ETPs) now account for more than 10.5% of all crypto ETP assets under management. This is Ether's seventh consecutive week of inflows and indicates a solid turnaround in investor mood.
Analysts predict that Ether will trade between $2,400 and $2,800, with network upgrades and ETF inflows potentially supporting the price, although broader market sell-offs may push it lower.
In contrast, Bitcoin funds had a $56 million outflow for the second week in a row. Investors have taken a cautious, wait-and-see stance ahead of the Federal Reserve's rate announcement on June 18. Most market participants expect the Fed to keep interest rates stable, with the first rate cut potentially serving as the next catalyst for Bitcoin price movement.
Meanwhile, crypto venture capital activity fell to its lowest monthly total since 2025, with only 62 deals in May and $909 million raised, indicating the market's overall volatility.
