Bitcoin and Ethereum ETFs saw strong inflows last week, with Bitcoin netting close to $2.4 billion and Ethereum adding nearly $640 million. This totalled almost $3 billion in fresh capital flowing back into the market. Investor confidence is rising on expectations of a rate cut next week, with a 94% chance priced in. Lower rates are seen as a positive for risk assets like crypto, with Bitcoin hitting a three-week high above $116,000. Analysts predict further gains, with projections ranging from $140,000 to $250,000 by year-end.

Ethereum has quietly outperformed Bitcoin with nearly 200% gains since mid-April. Despite Bitcoin capturing most of the ETF flow attention, analysts believe Ethereum has strong long-term potential due to factors like staking, tokenised assets, and generational wealth transfer. Ethereum is up 1.9% to $4,635, while Bitcoin is up 0.4% to $115,720.

Read more at Yahoo Finance: Bitcoin and Ethereum ETFs roar back adding nearly $3bn last week