Ether ETPs Post $296M in Best Week Since Trump Election
From Cointelegraph
June 9, 2025 6:32 am:
Last week, Ether-based investment products attracted $296 million in inflows, the highest since the 2024 US election, making up over 10.5% of all crypto-based ETP assets under management. This marks the seventh consecutive week of inflows and signals a recovery in investor sentiment, according to CoinShares.
Bitcoin funds saw $56 million in outflows last week, the second consecutive week of net losses, attributed to investor caution ahead of the Federal Open Market Committee’s interest rate decision on June 18. Markets are pricing in a 99.9% chance of the Fed maintaining interest rates, impacting investor sentiment, according to CoinShares.
Crypto venture capital deals slowed in May with only 62 investment rounds, the lowest monthly count in 2025, raising $909 million for the industry. This slowdown comes as Bitcoin and other cryptocurrencies face uncertainty amidst market fluctuations and regulatory concerns.
Read more at Cointelegraph: Ether ETPs Post $296M in Best Week Since Trump Election