Ethereum ETFs Surge with $837.5M Inflows as Pectra Upgrade Fuels Optimism
Ethereum ETFs have marked an impressive 15-day inflow streak, amassing $837.5 million—accounting for 25% of total net inflows since their May 2024 debut. This bullish momentum aligns with the successful rollout of Ethereum's Pectra upgrade, which has significantly enhanced transaction efficiency and wallet functionality. BlackRock's ETHA fund dominates with $600 million in inflows, underscoring growing institutional confidence in Ethereum's ecosystem. The upgrade's implementation of EIP-7702 has already driven daily transactions close to 1,000, showcasing Ethereum's scalability improvements without compromising address integrity. As adoption accelerates, these developments position ethereum for sustained growth in the evolving crypto-finance landscape.
Ethereum ETFs Extend Inflow Streak Amid Pectra Upgrade Optimism
Ethereum ETFs have recorded 15 consecutive days of inflows, totaling $837.5 million—a surge representing 25% of all net inflows since their May 2024 launch. The streak began shortly after Ethereum's Pectra upgrade, which boosted EIP-7702 transactions to nearly 1,000 daily and enhanced wallet functionality without altering addresses.
BlackRock's ETHA fund leads the charge with $600 million in inflows, though Grayscale's ETHE and ETH maintain a larger asset base at $4.09 billion. Fidelity's offering trails at $1.09 billion, while other funds remain below $250 million. The inflows coincide with a 38% ETH price rally over 30 days, fueled by institutional interest and network upgrades.
Cumulative spot Ethereum ETF inflows now stand at $3.33 billion, their highest level to date. Analysts attribute the momentum to Ethereum's improving fundamentals and the Pectra upgrade's technical enhancements.
3 Meme Coins Catching Fire This Week – Punisher Coin Leads with 100x Potential
Meme coins are dominating crypto discussions this week, with Punisher Coin ($PUN) emerging as a standout contender. Built on Ethereum, $PUN distinguishes itself through 'Punisher Energy'—a mechanism designed to siphon liquidity from underperforming tokens while rewarding holders. The project combines meme virality with structured incentives, including mission-based rewards in both $PUN and USDT.
Beyond speculative hype, Punisher Coin's ecosystem engages users through puzzles and community challenges, creating sustained demand. Its presale momentum suggests growing institutional interest in meme projects with tangible utility. As the market searches for the next breakout asset, $PUN's hybrid model of deflationary mechanics and gamified participation could redefine meme coin economics.
Ethereum Foundation Unveils New Treasury Strategy to Secure ETH Reserves
The Ethereum Foundation has introduced a refined treasury strategy designed to safeguard its ETH holdings while ensuring operational sustainability. The plan allocates 15% of reserves annually to expenses, maintaining a 2.5-year financial buffer. ETH sales will only occur if liquid reserves fall below this threshold, with quarterly assessments to adapt to market conditions.
Transparency and efficiency anchor the strategy, which aims to reduce operational expenditures to a 5% baseline over five years—mirroring endowment models. The Foundation anticipates 2025-26 as critical years for Ethereum, necessitating targeted investments in pivotal developments.
Asset reallocations will be dynamic, driven by market opportunities rather than negative sentiment. "Withdrawals should not be misconstrued as disavowals," the Foundation clarified, underscoring its commitment to Ethereum's long-term growth.
Ethereum Price Performance Could Hinge On Binance Metric
Ethereum's price action has been trapped in a consolidation range between $2,500 and $2,700 since early May, failing to sustain its earlier bullish momentum. A market-wide downturn on June 6 pushed ETH below $2,400, though it has since reclaimed the $2,500 level.
On-chain analysis reveals a critical support level at $2,392—coinciding with the realized price of Binance user deposit addresses. This metric, which reflects the average acquisition cost for specific cohorts, suggests institutional-level support. The OKX user deposit cohort shows a higher realized price of $2,706, indicating potential resistance zones.
Market participants are watching these on-chain levels closely. The Binance realized price in particular could act as a springboard for ETH's next move—either as a floor for recovery or a breakdown point signaling deeper corrections.
CryptoPunk #9723 Tops Weekly NFT Sales with $206K Transaction Amid Ethereum Stability
CryptoPunk #9723 dominated the NFT market this week, selling for 83 ETH ($206,070) as Ethereum held firm above $2,400. The transaction marked the highest-value NFT sale in the past seven days, underscoring enduring demand for Ethereum's flagship digital collectibles.
All top 10 NFT sales involved CryptoPunks, with prices ranging between 47.5–51.7 ETH. CryptoPunk #6458 followed at 64 ETH ($168,170), while #1288 rounded out the top three at 59 ETH ($145,800). The consistent pricing in ETH terms suggests collectors are anchoring valuations to the cryptocurrency rather than dollar fluctuations.
Ethereum's stability provided a clear benchmark for NFT valuations during the trading window. The concentration of high-value sales in CryptoPunks highlights the collection's status as blue-chip assets in the volatile NFT market.
US Ethereum ETFs Record 4 Consecutive Weeks of Positive Inflows
US-based spot Ethereum ETFs have reversed their early-year struggles, posting 15 consecutive days of net inflows totaling $281 million last week. This marks the fourth straight week of capital influx, with cumulative inflows now exceeding $856 million since late May.
BlackRock's iShares Ethereum Trust led Friday's $25.22 million inflow with $15.86 million, while Grayscale's Ethereum Mini Trust contributed $9.37 million. The sustained demand mirrors improving sentiment among ETH investors since Q2 began, suggesting growing institutional confidence in Ethereum's market position.
