Ethereum Funds Flooded With $321M—Is This the Spark for ETH’s Next Bull Run?

Money’s pouring into Ethereum funds like Wall Street just discovered yield farming. A cool $321 million in fresh inflows hit ETH products last week—the kind of institutional attention that usually precedes price fireworks.

Smart money positioning or latecomers chasing last cycle’s gains? Either way, the blockchain’s looking more like a digital Fort Knox than a developer playground these days. Traders are already pricing in the ETF effect, but let’s see how long the suits stick around when gas fees spike again.

Funny how crypto winters always thaw when someone waves nine-figure checks. The market’s voting with its wallet—now we wait to see if ETH delivers the ROI or another masterclass in ’number go up’ theater.

Digital Asset Funds See $286M in Inflows

The broader digital asset market also saw inflows last week, with $286 million entering crypto investment products globally.

However, total assets under management (AuM) dipped from a record $187 billion to $177 billion as prices pulled back on renewed market volatility, partly driven by uncertainty surrounding U.S. trade policy.

Regionally, U.S.-based funds still led with $199 million in inflows, followed by Hong Kong with $54.8 million, its strongest post-ETF launch week, and Germany with $42.9 million.

Switzerland recorded outflows of $32.8 million.

Bitcoin saw a mixed week. The top cryptocurrency began the week with positive flows, but momentum reversed mid-week after a U.S. court ruling on tariffs rattled markets.

Bitcoin products ended the week with a modest $8 million in outflows, breaking a six-week inflow streak that had totaled $9.6 billion.

Meanwhile, XRP funds posted $28.2 million in outflows, marking a second consecutive week of investor pullback.

As reported, BlackRock’s iShares Bitcoin Trust (IBIT) recorded $430.8 million in outflows on May 30, ending a 31-day inflow streak — its longest since launch.

The MOVE marks IBIT’s largest single-day outflow to date, according to Farside data, following a month where BlackRock added $6.2 billion in Bitcoin.

Despite the pullback, IBIT’s total bitcoin holdings now stand at around $70 billion.

Eth Needs to Reclaim $2,500–$2,520 Zone to Turn Bullish

Ethereum is currently trading around $2,482 after a period of sideways movement.

On the 1-hour chart, ETH remains range-bound between approximately $2,475 and $2,555.

Bollinger Bands have narrowed in recent sessions, indicating reduced volatility. The Relative Strength Index (RSI) sits at 36.23, suggesting ETH is nearing oversold territory.

Meanwhile, the MACD remains negative (-3.66), showing a bearish bias, though momentum appears to be stabilizing.

Zooming into the 1-minute chart, ETH continues to hover NEAR $2,483 with intraday resistance around $2,493 and support near $2,477.

The RSI is more neutral at 46.32, while the MACD has flipped slightly positive (0.61), hinting at short-term buying interest. However, the price action remains choppy, with no clear breakout yet.

In the broader context, ETH inflows of $321 million last week reflect growing institutional demand.

However, the current technical setup suggests ETH needs to reclaim the $2,500–$2,520 zone to regain bullish momentum. Failure to hold above $2,475 could open the door to further downside toward $2,400.