London, June 9, 2025, Ether-based investment products experienced substantial inflows last week, despite a general slowdown in the cryptocurrency market. This occurred as investors await the US Federal Reserve's June rate decision, according to a report from CoinShares.
Ether (ETH) exchange-traded products (ETPs) attracted $296 million in inflows last week. This represents their best performance since the 2024 US Presidential election. Ether-based investment products now constitute over 10.5% of the total assets under management (AUM) of all crypto-based ETPs.
This marks the seventh consecutive week of inflows for Ether ETPs, signaling a significant recovery in investor sentiment. Across all digital asset investment products, weekly inflows reached $286 million, bringing the seven-week total to over $11 billion. However, Bitcoin (BTC) funds saw $56 million in outflows for the second consecutive week.
CoinShares attributes the slowdown in Bitcoin inflows to investor caution ahead of the Federal Open Market Committee's (FOMC) next interest rate decision on June 18. Markets currently anticipate a 99.9% chance that the Fed will maintain stable interest rates during the upcoming FOMC meeting. The first interest rate cut of the year may provide the next catalyst for the Bitcoin price.
In other news, crypto venture capital deals slowed to just 62 investment rounds in May, the lowest monthly count of 2025, resulting in $909 million raised for the industry.