- Ethereum’s ETFs recorded +76,694 ETH inflows, outpacing Bitcoin and signaling growing institutional trust in ETH-based investments.
- The ETH/BTC pair forms an ascending triangle near 0.02650 BTC resistance, showing bullish momentum and sustained upward pressure.
- Bitcoin ETFs lagged with +1,413 BTC net inflows, while Ethereum gains institutional traction with ETF holdings at 3.91M ETH.
Ethereum is pushing toward a breakout as the ETH/BTC trading pair forms an ascending triangle on the daily chart. Meanwhile, Ethereum ETFs posted larger inflows than Bitcoin funds, signaling rising institutional confidence in the altcoin market.
ETH/BTC Triangle Tightens Near Key Resistance
The ETH/BTC pair is compressing into a clear ascending triangle, forming higher lows with resistance near 0.02650 BTC. In an analysis by CryptoBoss on X, the chart shows a strong bullish structure with rising demand. Support has climbed steadily from 0.02150 BTC, with price consolidating around 0.02423 BTC.
This price behavior indicates that Ethereum is consistently gaining strength against Bitcoin, even as each rally stalls at the same ceiling. The market has now tested that horizontal resistance three times without a breakout, keeping the pair in a tightly squeezed range. Traders are showing patience, but the pressure is building.
Momentum remains centered on the apex of the triangle. The ascending trendline continues to support Ethereum, while sellers dominate the resistance band. However, each bounce brings ETH closer to resistance with higher lows, showing sustained buying interest under tension.
Ethereum ETF Inflows Set Records, Outpace Bitcoin
Institutional interest in Ethereum is growing rapidly, with net ETF flows confirming strong bullish conviction. According to a report by Lookonchain, Ethereum ETFs saw +76,694 ETH in net inflows on June 12. iShares (BlackRock) led with +58,112 ETH, pushing its holdings to 1.61 million ETH, worth over $4.45 billion.
Fidelity’s Ethereum Fund (FETH) followed, gaining +13,235 ETH daily and +18,497 ETH weekly. Bitwise’s ETHW added +2,294 ETH in 24 hours, while Grayscale’s Ethereum Mini Trust saw a +3,482 ETH inflow. These gains demonstrate growing institutional allocations into Ethereum-based products.
Outflows were minimal. The main Grayscale Ethereum Trust (ETHE) recorded just -78 ETH in daily outflow and -544 ETH for the week. Invesco’s QETH lost -352 ETH in a day, though others like VanEck and 21Shares remained unchanged. Total Ethereum ETF holdings now stand at 3.91 million ETH.
Bitcoin ETFs Post Slower Growth Amid Market Divergence
Bitcoin ETF net flows came in lower, at +1,413 BTC, with BlackRock’s IBIT leading again. It added +1,204 BTC, bringing total holdings to 666,842 BTC, valued at over $71.59 billion. Fidelity and Bitwise saw moderate gains, while Grayscale and ARKB posted notable outflows.
GBTC lost -290 BTC in one day and -716 BTC weekly. ARKB shed -608 BTC during the week. Despite these pullbacks, total BTC held across all ETFs reached 1.21 million BTC, worth over $129 billion. Ethereum’s ETF dominance and bullish ETH/BTC structure may set the stage for a breakout past 0.02650 BTC.