Bitcoin and Ethereum ETFs record $3.6B inflows this week

  • Bitcoin ETFs saw $2.7 billion in weekly inflows, pushing BTC to an all-time high near $119,000.
  • Ethereum ETFs added $908 million, helping ETH climb 17% to a multi-month peak above $3,000.
  • BlackRock’s IBIT and ETHA dominated fund inflows, reflecting strong institutional demand for crypto exposure.

Investor appetite for cryptocurrency exposure through exchange-traded funds (ETFs) reached a new high last week, with Bitcoin ETFs alone drawing in more than $2.7 billion in net inflows over five trading days.

The surge in capital marked one of the strongest weekly performances for these financial vehicles, reflecting growing institutional demand on Wall Street.

According to data from FarSide Investors, the standout activity occurred on Thursday and Friday.

Thursday saw the second-largest daily inflow in the 18-month history of US-listed Bitcoin ETFs, totaling $1.18 billion.

The inflows were spread across major funds: BlackRock’s IBIT received $448.5 million, Fidelity’s FBTC took in $324.3 million, and ARK Invest’s ARKB attracted $268.7 million.

On Friday, the momentum continued with another $1.03 billion in inflows.

BlackRock’s IBIT led decisively, drawing $953.5 million—far ahead of ARKB, which was second with just $23.5 million.

Earlier in the week, inflows remained positive each day: $216.5 million on Monday, $80.1 million on Tuesday, and $215.7 million on Wednesday.

The total net inflow for the week amounted to $2.72 billion, further highlighting the accelerating pace of institutional crypto adoption.

Notably, the funds have seen only one day of net outflows (July 1) since June 9.

Ethereum ETFs see record weekly gains

Ethereum-based ETFs also recorded significant inflows last week, benefiting from increasing investor confidence ahead of their one-year anniversary.

The funds brought in $908.1 million in net inflows for the week, according to FarSide data.

Thursday was a standout day, setting a record for Ethereum ETFs with $383.1 million in inflows.

BlackRock’s ETHA led the way, accounting for over $300 million of that figure.

On Friday, ETHA continued to dominate, capturing $137.1 million of the total $204.9 million inflow.

Wednesday added $211.3 million, while Monday and Tuesday contributed $62.1 million and $46.7 million, respectively.

This sustained inflow into Ethereum funds helped propel ETH’s price higher.

Starting the week around $2,500, Ethereum climbed past $3,000 on Friday. Although it has since pulled back slightly below $3,000, the asset remains up more than 17% for the week.

Crypto prices react to institutional momentum

The robust ETF inflows had a direct impact on the underlying asset prices.

Bitcoin surged by more than $10,000 during the week, reaching an all-time high of nearly $119,000 on Friday.

Ethereum similarly saw its best performance in months, fueled by increased capital inflows and renewed optimism among investors.

In total, both Bitcoin and Ethereum ETFs drew more than $3.6 billion in capital last week, underscoring the expanding role of crypto assets in mainstream investment portfolios.

With consistent inflows and new highs in asset prices, institutional interest in cryptocurrencies appears far from waning.

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Ondo Finance (ONDO) price up 10% as bulls target $1

  • Ondo Finance (ONDO) price has surged 10%, eying a breakout above $0.93
  • LayerZero has joined Ondo’s Global Markets Alliance.
  • Rising volume and TVL signal strong bullish momentum.

Ondo Finance (ONDO) is gaining strong upward momentum as bullish sentiment sweeps through the market, pushing the token up by more than 10% in the past 24 hours.

The price surge comes amid rising interest in real-world asset (RWA) tokenisation and growing investor confidence in Ondo’s broader strategic initiatives.

The ONDO token is currently trading at $0.929, recovering from a low of $0.8401 within the last 24 hours, and now hovering near the critical $0.93 breakout zone.

With bullish pressure building and higher lows consistently forming on the chart, traders are closely watching for a decisive move above resistance that could clear the path toward the psychologically significant $1 level.

ONDO has reclaimed key levels as bulls tighten grip

After briefly dipping below the $0.85 level earlier this week, Ondo Finance (ONDO) has bounced back with conviction, reclaiming and holding above the $0.90 mark.

This rebound is seen as a clear signal of strength, especially as the price consolidates near the upper end of its recent trading range.

The current rally has seen ONDO surge from a weekly low of $0.7668 to test $0.9279, marking a robust 19.4% gain over the past seven days.

Although the token remains about 56% below its all-time high of $2.14, reached in December 2024, the present momentum is driving renewed optimism among traders eyeing short-term breakout targets.

Market analysts suggest that if ONDO clears the $0.93 resistance with strong volume, the next likely targets are between $0.9350 and $0.9500.

While the price faces minor hurdles along the way, the formation of higher lows coupled with rising volume indicates that bulls remain firmly in control.

Strong fundamentals fuel investor optimism

While price action continues to attract traders, ONDO’s fundamentals are playing an equally vital role in reinforcing confidence.

The token currently holds a market cap of approximately $2.93 billion, with a fully diluted valuation of over $9.28 billion, highlighting its growing significance in the broader DeFi ecosystem.

Recent updates from Ondo Finance also point to strategic moves designed to strengthen its global position.

Notably, the project announced that LayerZero, a leading interoperability protocol supporting more than 130 blockchains, has joined its Global Markets Alliance.

This partnership enhances Ondo’s goal of bringing traditional financial markets on-chain and enabling cross-chain asset issuance at scale.

According to the team, seamless connectivity across blockchains is no longer optional—it’s essential in modern global finance.

Rising Ondo Finance TVL signals show growing interest

Apart from price action and partnerships, other metrics further reflect ONDO’s rising profile. The platform now boasts over $1.39 billion in total value locked (TVL), which reinforces the depth of capital flowing into its ecosystem.

Additionally, with a 24-hour trading volume of nearly $292 million, ONDO is seeing increased liquidity and engagement from both retail and institutional participants.

This level of market activity often serves as a precursor to strong price breakouts, particularly when combined with bullish chart setups and fundamental strength.

Bulls are targeting the $1 milestone as the next major test

As Ondo Finance (ONDO) hovers near the $0.93 resistance zone, the stage is set for a potential breakout that could carry the token to new local highs.

A clean move above this level, backed by volume and sustained buying, could put the $1 psychological target well within reach.

However, traders will be closely watching whether the $0.8900 support level can hold if momentum stalls.

Should the token maintain its current structure, a continued push higher appears likely in the coming sessions.

With strong fundamentals, growing alliances, and increasing market interest, ONDO remains one of the standout tokens to watch in the RWA and DeFi space this week.

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