Ether-based investment products led entries among investment products based on cryptocurrencies last week, despite an overall slowdown in investor activity, the markets await the clarity of the American federal reserve.
The stock market products (ETH) (ETH) (ETH) received $ 296 million in entries last week, marking their best week since the elections in 2024 of US President Donald Trump, according to a Monday report from Coinshares.
Ether -based investment products now represent more than 10.5% of the total assets under management (AUM) of all ETPs based on cryptography.
This marked the seventh consecutive week of entries for Ether and “a significant recovery in feeling among investors,” wrote Coinshares in the report.
“The ETH is expected to be between $ 2,400 and $ 2,800, with trade tensions and deflationary pressures limiting gains,” said Ryan Lee, Bitget Research chief analyst.
“Network upgrades and FNB entries could support a thrust to $ 2,700, although a wider market sale can test support of $ 2,300,” he told Cintelegraph.
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In all digital asset investment products, weekly entries have reached $ 286 million, pushing the total of seven weeks to more than $ 11 billion. However, Bitcoin (BTC) funds experienced $ 56 million in outings, a second consecutive week of net loss.
Coinshares awarded the deceleration in Bitcoin entries to the prudence of investors before the next interest rate of the Federal Committee on the Open Market (FOMC) on June 18. Investors adopted a “waiting position before the other signals of the American federal reserve on inflation,” said the report.
The markets are currently at 99.9% that the Fed maintains stable interest rates at the next FOMC meeting, according to the latest Fedwatch tool estimates from the CME group.
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The first drop in interest rates of the year could provide the next Bitcoin price catalyst, according to Alice Li, an investment partner and head of us to the Capital-Comité de Crypto Foresight Ventures.
“I firmly believe in bitcoin and the cryptography market. I therefore think that bitcoin could go to at least $ 150,000 in this cycle,” said Li, speaking during the chain reaction of Cointelegraph on Tuesday.
Meanwhile, crypto venture capital transactions slowed down for only 62 investment laps in May, marking their lowest monthly account of 2025, which led to $ 909 million raised for industry.
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