Crypto Market Weekly Report: BTC ETF continues to attract capital, ETH shows significant rise

Last week, Bitcoin ETF saw a net inflow of funds again, reaching 920 million USD, achieving three consecutive weeks of positive fund flow. The inflows for the previous two weeks were 3.03 billion USD and 1.81 billion USD, respectively. The sustained inflow of funds reflects the market's optimistic expectations for the future. In the past week, Bitcoin's price once hit a high of 105,000 USD, with the potential to set a historical high in May. Market sentiment indicators show that investor sentiment has entered the greed zone.

In contrast, there was a net outflow of $38 million from the Ethereum ETF last week. However, the price of Ethereum soared significantly from the $1,800 range to $2,600, with a daily maximum increase of 25%. The exchange rate of Ethereum against Bitcoin rose significantly, currently reported at 0.024; the market capitalization ratio of Ethereum also rebounded from about 7% to 9%. It is worth noting that the recent rise of Ethereum seems to have a low correlation with the flow of ETF funds. Some analysts believe that the current rise in Ethereum may only be a short-term rebound due to various indicators being at historical lows.

In terms of popular cryptocurrencies, MOODENG, GOAT, PNUT, PI, and KAITO have shown impressive performance. Among them, MOODENG had a weekly rise of 566.53%, reaching a highest price of 0.2889 USDT, with a current market capitalization of approximately 260 million USD. GOAT and PNUT rose by 212.9% and 167.6%, respectively.

The US stock market has recently shown a mixed performance, with the S&P 500 index down 0.8%, the Dow Jones Industrial Average down 1.2%, and the Nasdaq index down 1.5%. Market volatility has intensified, influenced by uncertainties in tariff policies and mixed corporate earnings reports. Although news of tariff exemptions brought a brief rebound, the tensions in US-China trade and stricter chip export restrictions have put pressure on tech stocks. Intel's weak earnings report dragged down the Nasdaq, while Tesla's strong quarterly performance provided some support for the S&P 500 index.

The Meme coin sector has emerged strongly, with coins like MOODENG, GOAT, and CHILLGUY experiencing significant rises. In this wave of rebound, market funds seem to favor popular Meme coins with full circulation. MOODENG's daily rise exceeded 130%, leading the entire market of altcoins, and its increase over the past week has been more than 6 times. Multiple mainstream trading platforms have announced the listing of MOODENG, further stimulating market demand.

The AI agent sector is also performing actively, with tokens such as PIPPIN, SWARMS, and GRIFFAIN experiencing price rises. This indicates that the AI agent track remains one of the market's focal points. However, these tokens still have a significant gap to their historical highs, reflecting the market's lingering doubts about existing AI agent projects. New projects may emerge in the future.

The upcoming token unlock event is worth paying attention to. APT will unlock approximately 11.31 million tokens on May 12, valued at about $58.47 million. Avalanche plans to unlock approximately 9.54 million AVAX tokens on May 17, 2025, accounting for 2.49% of the total supply, valued at approximately $329 million at current prices.

Investors should carefully assess the high-risk characteristics of the crypto market. Past performance does not guarantee future trends, as the prices of digital assets can be highly volatile. Investors need to make cautious decisions based on their individual risk tolerance and investment objectives.