Crypto’s Make-or-Break Week: Bitcoin ETF Flows, Ethereum Gas Wars, and the Meme Coin Reckoning

Bitcoin claws back above $67K as institutional inflows hit 3-week high—just as the SEC quietly delays another spot ETH ETF decision. Classic.

Ethereum’s Layer 2s bleed users after last week’s network upgrade—Arbitrum and Optimism TVL drops 12% while Base flips both. The ’rollup-centric roadmap’ looks more like a hunger games arena.

Solana devs scramble to patch yet another congestion bug. Meanwhile, BNB Chain quietly processes 3x the transactions at 1/10th the cost. Choose your fighter.

Memecoins officially enter ’find out’ phase—the top 10 by market cap are down 38% on average this month. But sure, your dog-themed token with a 300% APY is ’different.’

Bonus finance jab: Goldman Sachs reportedly launching a ’crypto advisory group’—same guys who called Bitcoin a fraud at $200 now charging $500/hr to explain shitcoins to pension funds. Progress!

Important Developments of the Week

Last week, an agreement reached between China and the United States was officially confirmed and implemented. During the 90-day negotiation period, tariffs will be significantly lower. However, with the global tariff deferment deadline approaching in July, approximately 40 days remain.

Trump recently mentioned that negotiations with several countries are nearing completion. We can expect official agreement announcements in the coming days for trade partners like South Korea, India, and Japan. Tariffs continue to be our main focus.

Aside from these negotiations, there are two critical areas to monitor. A closure above $105,800 for BTC and $2,700 for ETH will be decisive for the short-term market performance. ETF data is crucial for monitoring institutional investor sentiment in the market. Since May 14, there have been consistent net inflows, with over $260 million recorded on Friday alone, bringing the total inflow to $41.75 billion, surpassing the peak seen in February 2025.

Below, the weekly important developments are detailed by day and time for strategic positioning.

Daily Highlights

Fed’s Williams will speak at 00:20, followed by the National Bureau of Statistics of China’s press conference at 05:00. The European region’s annual CPI reading is scheduled for 12:00. At 15:30-15:45, Fed’s Bostic and Jefferson will deliver statements. Coinbase is set to join the S&P 500 Index at 16:30, with a phone call between TRUMP and Putin at 17:00. Fed’s Logan and Kashkari will speak at 20:15 and 20:30, respectively, and Trump will attend a bill-signing ceremony at 22:00.

Solana$170’s Accelerate event and CME’s XRP options will also mark significant activities of the day.

Between 16:00-16:30, Fed’s Bostic, Collins, and Barkin will speak. The Avalanche Summit will be a key event to watch.

Fed’s Kugler will talk at 00:00, followed by Hammack/Daly at 02:00 and Barkin at 19:00. Keep an eye out for Maple Finance announcements as well.

The European Central Bank meeting minutes will be out at 14:30, with the US initial jobless claims expected at 230K at 15:30. At 16:45, the US S&P Service PMI (51.3 expected) and Manufacturing PMI (expected 49.8) will be released. Fed’s Williams and a Trump Gala Dinner featuring the TRUMP Token are also on the schedule.

The US new home sales figures, with an expectation of 695K, will be released at 17:00, alongside remarks from Fed’s Cook at 19:00.