Overview
- Digital asset investment products took in $1.06 billion last week, led by $881.5 million into bitcoin funds and $116.9 million into ether products, with the U.S. accounting for $957 million.
- The bounce in flows breaks a five‑week outflow streak, but four months of net withdrawals still total over $9 billion across U.S. spot bitcoin ($6.39 billion) and ether ($2.76 billion) ETFs, according to SoSoValue.
- Ether is down about 36% in 2026 and roughly 60% below its 2025 peak, trading near $2,000 after a brief drop to around $1,841 during recent Middle East‑related market volatility.
- On‑chain data show large wallets holding 100,000–1,000,000 ETH have reduced balances over the past 90 days, while derivatives indicators point to normalized leverage.
- Major banks including JP Morgan, Citi, Deutsche Bank and BlackRock continue launching on‑chain projects on Ethereum as Vitalik Buterin advances base‑layer upgrades such as parallel verification and a ZK‑EVM and argues AI could speed development.