Price Analysis
  • Steve Muchoki
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    Steve is a crypto news writer with a passion for decoding market moves. He blends breaking blockchain news with sharp technical analysis and bold price predictions. From Bitcoin rallies to altcoin breakouts, Steve breaks it all down with clarity and insight. Whether you're a trader or just curious, his analysis keeps you ahead of the curve.

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    U.S. Spot BTC and ETH ETFs Record Biggest Weekly Volume of $40B: Is 2025 Crypto Summer Next?

    Story Highlights
    • Wall Streetโ€™s top banks have reported an increased stake in U.S. spot BTC and ETH ETF products.

    • Rising capital rotation to Ether by institutional investors has favored the onset of the 2025 altseason.

    • An improved geopolitical outlook between the U.S. and Russia could signal that bullish markets are ahead.

    The United States spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have posted a record weekly traded volume. Following a renewed demand for Etherโ€™s investment products by institutional investors, the U.S. spot BTC and ETH ETFs recorded the biggest weekly traded volume of about $40 billion in the past five days. 

    During the past week, the U.S. spot ETH ETFs reported a record traded volume of about $17 billion. If the demand for U.S. spot Ether ETFs maintains a similar momentum in the next two weeks, then last monthโ€™s total net inflow of about $5.43 billion will be outshined.

    Meanwhile, the U.S. spot BTC ETFs recorded a gradual increase in weekly total net inflow of about $561 million compared to last weekโ€™s $246 million.

    Will ETH Price Hit ATH Soon?

    From a technical analysis perspective, the ETH/USD pair has signaled macro bullish sentiment. The large-cap altcoin, with a fully diluted valuation of about $534 billion, recently broke out of a multi-month bearish consolidation with a megaphone structure.

    In the four-hour timeframe, the ETH/USD pair has respected a rising pattern characterized by higher highs and higher lows. With the ETH price approaching the four-hour 50 Moving Average Simple (SMA), a possible rebound over the weekend and early next week could push the asset towards $5k.

    ETH price

    However, a consistent close below the 4-hour 50 SMA could slow down the midterm bullish sentiment, possibly resulting in further choppy consolidation.

    Is BTC Price Primed for Bullish Rebound?

    The rising cash inflow to U.S. spot Bitcoin ETFs has helped the BTC price maintain bullish sentiment. After hitting its all-time high (ATH) of about $124,128 earlier this week, the BTC price has cooled down in tandem with the leveraged market.

    BTC Price

    In the four-hour timeframe, the BTCUSD pair breached below the 50 SMA but found support above the 100 SMA on Friday, August 15. A potential rebound after filling the CME gap is highly likely in the coming days to mirror the 2017 crypto summer.

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