- Ethereum ETFs led daily inflows with $132.93M, surpassing Bitcoin as institutional focus shifts toward ETH allocations.
- ETH ETF holdings hit 3.96M coins worth $10.2B, with strong inflows across BlackRock, Grayscale, Bitwise, and Fidelity.
- ETH/BTC trades in a tightening range, hinting at a breakout as market rotation and ETF flows reshape crypto leadership.
According to a tweet by CW on X, on June 12th, Ethereum ETFs had a huge daily inflow of $132.93 million, higher than Bitcoin’s $98.32 million. BlackRock made the largest purchase with 37,228 ETH, making it a total holding of 1.65 million ETH worth $4.17 billion. This is a sign that institutions are increasing their faith in Ethereum’s long-term value.
Bitcoin ETFs, while still attracting capital, showed a more mixed picture. BlackRock’s IBIT led with a +2,681 BTC inflow, lifting its holdings to 669,523 BTC valued at $70.05 billion. However, Fidelity’s FBTC saw a –1,832 BTC daily outflow, and Grayscale’s GBTC lost –2,190 BTC, showing signs of cautious repositioning.
Ethereum ETF Growth Accelerates Across Providers
Ethereum ETF holdings have now reached 3.96 million ETH, valued at $10.22 billion. Grayscale’s Ethereum Trust added 4,648 ETH daily, while its Mini ETH Trust took in a weekly +15,959 ETH. These substantial flows underscore strong institutional conviction toward ETH as a high-conviction allocation.
Bitwise (ETHW) and Fidelity (FETH) kept pace with +5,305 ETH and +13,711 ETH inflows over the week. Even Invesco (QETH), which saw a –212 ETH daily outflow, remained net positive weekly. The data points to a synchronized bullish rotation favoring Ethereum ETFs across asset managers.
Bitcoin ETF Holdings Solid but Rotational Shifts Are Clear
Bitcoin ETFs collectively hold 1.21 million BTC, valued at around $76.7 billion. While BlackRock continues to strengthen its IBIT position, Grayscale’s GBTC and Fidelity’s FBTC are showing consistent outflows. The net 24-hour BTC inflow stood at +940 BTC, indicating mild buying pressure but less aggressive than Ethereum.
Bitwise and VanEck saw healthy inflows of +930 BTC and +219 BTC weekly. ARKB slipped slightly with a –99 BTC outflow. Despite a net +8,742 BTC inflow over the week, the shift in capital toward Ethereum ETFs signals a changing institutional appetite.
ETH/BTC Trading Pair Hints at Volatility Breakout
ETH/BTC is trading inside a tightening symmetrical triangle, currently at 0.02426. StackerSatoshi noted repeated resistance near 0.02580 and support at 0.02380. The pattern signals building pressure.
Volatility is dropping, but a breakout is nearing. A move above 0.02660 or below 0.02340 will likely define ETH’s strength relative to BTC in July.
Ethereum Gains ETF Market Share Lead
Ethereum grew from 0.01% to 0.31% of market cap in ETF flows from May 9–June 9. Bitcoin lagged at 0.21%, according to data from SosoValue. ETH took the lead by May 30 and never gave it up.
Macro Tensions Elevate ETH Futures Liquidation Risk
If ETH hits $2,588, $531M in shorts could be wiped out; a drop to $2,484 could liquidate $460M in longs. In contrast, Bitcoin recovered well from its 50-day EMA. Ethereum risks dropping toward $2,300 unless it recovers its 200-day EMA. Volatility is increasing due to ongoing Israel-Iran tensions, but demand for ETH is remarkably stable.