• Ethereum ETF Holdings hit ATH because the inflow of techniques surged.
• The SPX6900 is cooled after a 230% assembly and holds a assist degree of key $1.30.
• XRP stays bullish regardless of delays in US circumstances by means of August fifteenth.

Ethereum, XRP and SPX6900 are heading in several however equally necessary instructions this week, revealing key developments throughout the crypto market.

The market reveals indicators of a turnover, and buyers’ consideration is rapidly altering among the many prime altcoins as new tales unfold.

Whereas institutional accumulation pushes the Ethereum ETF to the best ever-held cell phone holdings, the SPX6900 is a breather after a parabolic rally, and the XRP maintains a bullish tone regardless of the continued authorized hurdles.

Ethereum ETFS reaches chain retention data

Institutional curiosity in Ethereum has intensified and promoted ETF-related on-chain ETH holdings to the best degree in historical past.

Current encrypted knowledge reveals that Ethereum ETF at present holds almost 4 million ETH, and BlackRock is main the wave of accumulation that has accelerated all through June.

Particularly, ETFs have seen sturdy accumulation momentum, although Ethereum (ETH) costs stay roughly flat across the $2,500 mark.

As depicted within the Coinglass knowledge, the surge in inflows, significantly from BlackRock and Grayscale, confirms that giant funding is positioned early for potential ETH rally.

This surge in facility purchases is supported by elevated exercise at defi and elevated quantities of stablecoin amid the expansion of Ethereum’s broader ecological optimism.

The aggressive accumulation is additional coincided with a decline in trade reserves and rising staking ranges, suggesting that the market is getting ready for the potential for decrease es liquidity and upward worth pressures.

Particularly, the inflow into Ethereum ETFs has surpassed Bitcoin ETFs in current weeks, indicating a significant shift in investor sentiment.

Because the inflow continues to dominate day by day exercise, Ethereum could also be setting the tone for the following wave of Altcoin momentum.

After explosive motion, SPX6900 cools

In the meantime, the SPX6900 was cooled after a unprecedented 230% assembly that unfolded between Might and mid-June.

The Altcoin’s parabolic motion misplaced steam round $1.70 till it almost retested its all-time excessive of $0.50 to $1.77.

The rally, first triggered by a Golden Cross on Might 6, adopted by a textbook parabolic construction with 4 acceleration legs and a shallow pullback.

Nevertheless, the open curiosity of greater than $6.6 million on June 14 and a pointy decline in spot leaks point out a important shift in feelings.

The fixes have been intense, however technical indicators recommend that the SPX6900 is in a wholesome integration section reasonably than a whole failure.

The RSI has cooled from overheating of 75 to 40 circumstances, whereas the MACD has turned the bears the wrong way up, indicating that momentum has been reset.

At the moment buying and selling round $1.39, the SPX6900 holds vital assist at $1.30. Rebounding from this degree signifies that the token take a look at can once more see $1.50, and as soon as the quantity returns and sentiment stabilizes, the potential retarget is $1.71.

XRP is resilient regardless of authorized delays

The Ethereum and SPX6900 are shifting gears, however the XRP continues to draw bullish consideration regardless of the authorized battle with the SEC being dragged down.

Particularly, the joint demand to droop appeals from Ripple and the SEC till August fifteenth has not undermine optimism out there.

#xrpcommunity #secgov v. #ripple #xrp In gentle of pending claims of directive rulings, the events have stated that the Second Circuit will proceed to curb appeals; @secgov To submit a standing report by August fifteenth, 2025, please go to https://t.co/7oqvl5rx7u

– James Ok. Filan🇺🇸🇮🇪 (@filanlaw) June 17, 2025

The requested suspension is tied to a pending ruling within the Southern District of New York relating to the SEC’s request for a $125 million escrow and a $50 million penalty.

The case stays unresolved, however the XRP spinoff reveals that merchants are assured.

Open earnings to XRP exceed $4 billion, with a constructive funding fee suggesting {that a} lengthy, leveraged place stays.

The lengthy liquidation has outperformed barely shorter shorts within the final 24 hours, however market bias stays bullish.

From a technical standpoint, XRP has lately bounced again from the 200-day EMA and is at present making an attempt to gather 50- and 100-day EMA at almost $2.24.

If costs can surpass these boundaries, they may take a look at resistance close to $2.33. It is a degree that matches the trendline that connects earlier peaks of the 12 months.

Regardless of almost 49 indecisive RSI, the MACD indicator is bullish and gives an indication of a possible continuation of an increase when momentum continues.