According to the latest CoinShares report, cryptocurrency inflows surged to $224 million last week. Meanwhile, Ethereum (ETH) is positioning itself as a leader, receiving positive assessments from institutional investors.
Ethereum, the second-largest cryptocurrency by market capitalization, has been recording positive returns since the Pectra upgrade was applied to the mainnet on May 7.
Ethereum Records Largest Inflow Since US Election
According to CoinShares' latest report, Ethereum recorded inflows of $296.4 million last week, showing the strongest trend since the US election.
These inflows raised the total weekly cryptocurrency inflows to $224 million, continuing a flow of $11 billion for seven consecutive weeks despite macroeconomic headwinds.
"Ethereum is leading with inflows of $296.4 million, the strongest trend since the US election, accounting for 10.5% of total assets under management." Read the excerpt from the report.
James Butterfill of CoinShares noted that the surge in Ethereum demand occurred despite an overall slowdown due to uncertainty surrounding US Federal Reserve (Fed) policies.
Meanwhile, Ethereum's rise coincides with the network's Pectra upgrade, which improved user experience and smart contract efficiency.
Ethereum continued to lead cryptocurrency inflows for several weeks, attracting $1.5 billion consecutively. BeInCrypto reported that Ethereum recorded inflows of $785 million during the week after the upgrade, and $286 million the following week, significantly contributing to its momentum.
Institutional demand is also clearly evident in Ethereum ETF flows. BeInCrypto emphasized that Ethereum ETFs recorded 15 consecutive days of inflows as of the last trading day on June 6.
$ETH ETFS > $BTC ETFs?
— ALexia (@Alex1i9) June 9, 2025
Ethereum spot ETFs just clocked 15 straight days of inflows-$25M+ on June 6 alone.
Past week:
– $ETH ETFs: +$281M
– $BTC ETFs: -$129M
Since launch: $837.5M into ETH ETFs (~25% of all U.S. spot crypto ETF inflows).
$1B next week? pic.twitter.com/DirWrxkToR
This reflects increasing confidence in Ethereum's long-term potential after the Pectra upgrade and the emergence of new ETF optimism in the United States.
"Ethereum 2025 is the enhanced version of 2016. Same adjustment, same volatility, same reversal pattern. Back then, ETH rewrote the charts. Now? Stronger foundation, more capital, and ETF momentum." Written by analyst Merlijn the Trader.
Bitcoin Declines… Altcoins Quiet Amid Macro Uncertainty
While Ethereum surged, Bitcoin recorded outflows for two consecutive weeks, losing $56.5 million. Investors continue to maintain a cautious stance.
"Bitcoin experienced outflows of $56.5 million for two consecutive weeks as investors remain on the sidelines due to policy uncertainty. Short Bitcoin products also experienced outflows for two weeks." Added the CoinShares report.
Altcoin activity was largely minimal. Sui (SUI) saw small inflows of $1.1 million, while XRP recorded outflows of $6.6 million for three consecutive weeks. This suggests mixed sentiment towards cryptocurrencies other than Ethereum.
Despite the overall slowdown, Ethereum's performance highlights the growing differences among major digital assets. The surge in ETF and institutional interest indicates that investors expect Ethereum to perform better in an environment of interest rate hikes.
QCP: BTC implied volatility remains under pressure amid low realized vol and lack of clear catalysts. Market participants are delaying bullish bets, rolling July options to September. Without a breakout above $110K or below $100K, BTC is likely to stay range-bound. Eyes are on…
— Wu Blockchain (@WuBlockchain) June 9, 2025
With Ethereum now accounting for 10.5% of total digital asset assets under management, this asset appears to be reclaiming its leadership position in the eyes of institutions. Whether this trend continues may depend on signals from the Fed on Wednesday.
According to BeInCrypto data, Ethereum is trading at $2,528, up 1.28% in the past 24 hours.
