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S&P 500 hits nine-week winning streak as crypto lags amid cooling bitcoin ETF demand

Market News
30 May 2026
Coindesk
View Source
Bearish
S&P 500 hits nine-week winning streak as crypto lags amid cooling bitcoin ETF demand

The S&P 500 achieved its longest weekly winning streak since 2023, rising nearly 20% from March lows, supported by hopes of a U.S.-Iran ceasefire extension. Brent crude stabilized near $92 a barrel, and Treasuries recovered some losses. However, major cryptocurrencies like bitcoin and ether fell 2-6% due to reduced spot bitcoin ETF inflows, despite the positive macro environment. Smaller tokens such as Hyperliquid's HYPE surged nearly 20%, while BNB and XRP posted modest gains. The macro rally remains fragile, dependent on progress in U.S.-Iran negotiations and President Trump's final approval of the ceasefire deal.

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Ethereum ETFs see $121M inflows but ETH struggles to break $2,600 resistance amid macro pressures.

Ethereum ETFs see $121M inflows but ETH struggles to break $2,600 resistance amid macro pressures.

U.S. spot Ethereum ETFs recorded $121 million in net inflows, led by BlackRock's ETHA with $80.5 million, signaling renewed institutional interest. Despite this, Ethereum (ETH) struggles to break above the $2,500–$2,600 resistance zone, a key hurdle ...

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Bitcoin ETFs see $3.8B inflows but BTC struggles to break $82K resistance amid macro pressures

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U.S. spot Bitcoin ETFs attracted about $3.8 billion over three weeks, marking their strongest inflow period in 2026. Despite this, Bitcoin has repeatedly failed to break and hold above the $80,000-$82,000 resistance zone, with $82,000 becoming a crit...

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XRP ETFs keep buying despite price stagnation, contrasting Bitcoin ETF outflows.

XRP ETFs keep buying despite price stagnation, contrasting Bitcoin ETF outflows.

XRP exchange-traded funds (ETFs) have continued to attract significant inflows, adding $5.1 million recently and extending a strong accumulation trend, while Bitcoin ETFs have seen withdrawals totaling $282.6 million over three days. This growing ins...

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Cryptocurrency prices show mixed movements with Bitcoin down 1% and some altcoins gaining modestly.

Cryptocurrency prices show mixed movements with Bitcoin down 1% and some altcoins gaining modestly.

Cryptocurrency markets experienced varied price changes, with Bitcoin falling about 1% to $76,893 and Ethereum down 1.66% to $2,473. Some altcoins like XRP and XLM saw modest gains, rising 0.73% and 4.11% respectively. This mixed performance reflects...

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Bitcoin holds near 30-day low amid cautious ETF flows and mixed crypto market moves.

Bitcoin holds near 30-day low amid cautious ETF flows and mixed crypto market moves.

Bitcoin trades just above its 30-day low of $76,429, down 1.3% in 24 hours, reflecting cautious institutional flows into spot BTC ETFs like BlackRock IBIT and Fidelity FBTC. The total crypto market cap fell 2.6% to $2.64 trillion with $89 billion vol...

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