Ethereum Leads Crypto Market with $321M Inflows as Investor Confidence Surges in 2025
Ethereum investment products are enjoying their strongest inflow streak since December 2024, signaling a sharp rebound in investor sentiment. According to the latest CoinShares data, Ethereum saw $321 million in inflows last week—its best performance of the year—driving total crypto inflows to $286 million for the week and $10.9 billion over the last seven weeks.
This renewed momentum highlights Ethereum’s growing appeal to both retail and institutional investors, especially in the wake of its recent Pectra upgrade and optimism around a potential spot staking ETF.
Ethereum Pulls Ahead, Bitcoin Slips
While Ethereum surged, Bitcoin’s momentum stumbled. The leading cryptocurrency started the week with positive flows but ultimately ended with $8 million in outflows. A federal court ruling on U.S. tariff authority added macro-level uncertainty that weighed on investor sentiment.
Other digital assets showed mixed signals. XRP, for example, experienced a second consecutive week of losses, shedding $28.2 million. Analysts suggest the outflows reflect increasing caution around tokens still facing regulatory scrutiny.
James Butterfill, Head of Research at CoinShares, said the shifting narrative points to a reassessment of risk: “XRP’s continued outflows suggest a weakening investor appetite amid regulatory ambiguity.”
Global Market Participation Expands
The U.S. remains the biggest driver of crypto investment flows, contributing $199 million last week. However, other regions are quickly catching up. Hong Kong, in particular, posted its highest inflows—$54.8 million—since launching its crypto exchange-traded products just over a year ago.
Despite the strong inflows, overall assets under management (AuM) for crypto investment products dropped to $177 billion, down from a recent peak of $187 billion. This suggests that while capital is flowing into the space, token price volatility is still weighing on short-term valuations.
Ethereum’s Uptrend Tied to Upgrade and ETF Hopes
Ethereum’s positive streak coincides with growing optimism surrounding its ecosystem. The Pectra upgrade, which went live in May, introduced improvements to staking efficiency and network scalability. That milestone, along with leadership changes—such as the appointment of Tomasz Stańczak as co-executive director—appears to have reignited investor confidence.
Last month, Ethereum saw $205 million in inflows during a single week—momentum that has continued into June.
Fueling further speculation is the potential approval of a spot Ethereum staking ETF by the U.S. Securities and Exchange Commission. Reports indicate that BlackRock is actively engaging with the SEC to fast-track the product.
“If the ETH staking ETF is approved, Ethereum could teleport straight to $12,000,” said Coinvo, a well-known crypto trader.
Adding to the bullish case, Ethereum’s supply on centralized exchanges has hit a seven-year low, pointing to a potential supply crunch. On-chain analysts suggest that long-term holders are accumulating, reducing available market liquidity.
“ETH supply shock incoming,” noted Coin Bureau. “Exchange balances of Ethereum are collapsing.”