Bitcoin ETF reverses outflow, Ethereum continues to attract strong capital, and the crypto market shows a clear rotation.

This week's crypto market dynamics

This week, the overall net inflow of funds into crypto investment products remained around $286 million, continuing a rising trend for seven consecutive weeks, but the market structure has shown significant differentiation. The Bitcoin spot ETF saw a reversal this week, experiencing a net outflow of about $132 million, ending the previous six weeks of inflows. This led to Bitcoin's price fluctuating narrowly around $106,000, with a weekly increase of only about 1.15%, closing at $105,600, after briefly retreating to the $103,000-$104,000 range.

In contrast, Ethereum ETFs continue to show strong fundraising capabilities, with a net inflow of approximately 321 million dollars this week, setting a record for 15 consecutive trading days of net inflow, totaling about 838 million dollars. This has pushed the ETH price to rebound from around 2,460 dollars and stabilize above 2,500 dollars.

Overall, the market is currently experiencing a noticeable rotation between short-term fund withdrawal in Bitcoin and sustained funding preference for Ethereum. This reflects institutional investors' optimism about the ETH ecosystem and its long-term value, while there are signs of temporary profit-taking in BTC.

This week's popular cryptocurrencies

In terms of popular cryptocurrencies, MIXIE, TAG, ZENAI, WEPE, and ARENA have all performed well. MIXIE's price soared by 803% this week, with a current market cap of 26 million USD. TAG's price increased by 335%, reaching a peak of 0.0003998 USDT. ZENAI, WEPE, and ARENA increased by 240.27%, 154.57%, and 152.05%, respectively.

US market overview and hot news

As of the week of June 6, 2025, the U.S. stock market performed strongly, with all three major indices recording significant gains. The Dow Jones Industrial Average rose by 1.2%, the Nasdaq Composite Index increased by 2.2%, and the S&P 500 Index rose by approximately 2.0%. This marks the second consecutive week of gains for the stock market, primarily driven by strong employment data, support from tech stocks, and optimism regarding an easing of trade tensions.

Large tech stocks generally rose, with Apple, Tesla, and Nvidia leading the gains. In particular, Tesla rebounded by about 3.7%, Nvidia's increase exceeded 4%, and Apple also recorded a noticeable recovery. The combined market value of these three companies continues to grow, highlighting the strong confidence in the tech sector.

The US dollar index fell about 0.5% this week, dropping below 99, as investors believe that inflation may slow down and are cautious about the Federal Reserve's interest rate policy. The weakening dollar has brought renewed attention to gold and other safe-haven assets, while also further driving overseas capital into the US stock market.

Overall, despite uncertainties in trade policy, a strong labor market—with an addition of 139,000 non-farm jobs and an unemployment rate maintained at 4.2%—provides lasting momentum to the market. The rise in the stock market this week reflects investors' optimistic expectations for future economic prospects and confidence in controlling inflation.

Important Economic Data and Events

The New York Fed's 1-year inflation expectations for May will be released at 11 PM Beijing time on June 9.

The U.S. House of Representatives has scheduled the review date for the crypto market structure bill on June 10.

The US May CPI data will be released at 8:30 PM Beijing time.

Popular sectors and project unlocking

Movement (MOVE) will unlock approximately 50 million tokens at 8 PM Beijing time on June 9, accounting for 1.96% of the current circulating supply, valued at about 7.1 million USD.

Delysium (AGI) will unlock approximately 69.03 million tokens at 8:00 AM Beijing time on June 11, accounting for 4.00% of the current circulation, valued at approximately 3.8 million USD.

io.net (IO) will unlock approximately 3.22 million tokens at 8 PM Beijing time on June 11, accounting for 1.98% of the current circulation, valued at around 2.5 million USD.

Aptos(APT) will unlock approximately 11.31 million tokens at 12:00 PM Beijing time on June 12, accounting for 1.79% of the current circulation, valued at approximately $52.7 million.

BounceBit (BB) will unlock approximately 42.89 million tokens on June 12 at 8:00 AM Beijing time, accounting for 10.47% of the current circulation, valued at about 4.6 million USD.

In the Meme section, the meme coins on the Solana chain have shown particularly outstanding growth. Solaxy (SOLX) has seen a short-term increase of about 74%, making it one of the most eye-catching meme coins on Solana that week. At the same time, Official Trump, Bonk, Pudgy Penguins, and others also experienced weekly increases of 4-15%, demonstrating significant performance.

Risk Warning

All cryptocurrency investments are inherently highly speculative and involve significant risk of loss. Past, assumed, or simulated performance does not necessarily indicate future results.

The value of digital currencies may rise or fall, and there can be significant risks associated with buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment goals, financial situation, and risk tolerance. It is recommended to consult with a professional investment, legal, or tax advisor before making any investment decisions.