- Ethereum ETFs saw $ 285 million in inflow and showed institutional confidence after months of outsource.
- Positive financing rates and strong futures activity suggest bullish sentiment, but macro risks remain in the game.
Ethereum [ETH] wins ground. Since mid -May ETFs have registered a steady increase in weekly inflow, which has institutional interest.
Combined with persistent positive financing percentages, the King Altcoin seems ready for a constant upward boost.
But with the FOMC meeting of the American Federal Reserve on 17 June, the uncertainty can complicate the Bullish process of Ethereum.
Can ETH retain his momentum, or will external pushes delay it?
ETF -Inflow bouncing back after prolonged flow
After months of persistent outsource, Ethereum ETFs Have seen a sharp turning point and registered $ 285.84 million in net inflow last week alone.
This marks the third consecutive week of positive intake momentum, a stark contrast with the heavy red seen from February to mid -April.
Source: Sosovalue
The reversal started at the end of April and won strength in May when the total net assets climbed to $ 9.45 billion. Although the price of Ethereum is modest, the inflow of capital shows an increasing institutional trust.
Ethereum: Derivatives point to trust
Source: Coinglass
Financing percentages on large stock markets remained consistently positive until May, which floated well above the neutral 0.008%, which proves that traders are self -confident enough to pay a premium to hold long positions.
Source: Coinglass
As a supplement to this, the open interest in Ethereum-Futures rose in the mid-month after $ 30 billion and has stable in the vicinity of that level in June, despite some price consolidation.
This mix of persistent leverage and positive financing shows that speculative appetite is far from cooling.
Don’t ignore the bigger picture …
ETF-driven momentum and strong Fundamentals on the chain support a positive prospect. However, the market remains very sensitive to broader factors, in particular inflation data and Federal Reserve policy.
The upcoming FOMC meeting can be a crucial moment. A swallow staff can stimulate Ethereum and feed the rally with new intake of capital. However, a ragless tone could cause renewed volatility in risk assets.
Despite strong indicators of deploying, stabile flows and layers-2 extension, ETH remains exposed to macro-economic shifts.