Crypto markets remain bearish with Bitcoin ETFs seeing largest outflow since launch, while Ethereum shows signs of institutional buying.
Crypto markets ended last week bearish, with Bitcoin down 14% and Ethereum 26.6% in Q2. Spot Bitcoin ETFs experienced $4.51 billion in outflows in June, the worst since their 2024 launch, reflecting weak investor confidence. Despite this, Bitcoin briefly rebounded above $60,000 with rising futures interest, though funding rates indicate a crowded long market. Ethereum showed strong institutional accumulation, especially in futures, suggesting a potential shift in market focus. Investors remain cautious ahead of upcoming Federal Reserve minutes and AI sector developments, which could influence crypto market direction in Q3 2026.
Crypto markets ended last week bearish, with Bitcoin down 14% and Ethereum 26.6% in Q2. Spot Bitcoin ETFs experienced $4.51 billion in outflows in June, the worst since their 2024 launch, reflecting weak investor confidence. Despite this, Bitcoin briefly rebounded above $60,000 with rising futures interest, though funding rates indicate a crowded long market. Ethereum showed strong institutional accumulation, especially in futures, suggesting a potential shift in market focus. Investors remain cautious ahead of upcoming Federal Reserve minutes and AI sector developments, which could influence crypto market direction in Q3 2026.
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