Bitcoin is consolidating around $71,000, while Ethereum and Solana dropped by 1%.

Investor sentiment on Ethereum has turned bullish after the SEC granted initial approval to spot ETH ETFs.

Bitcoin ETFs had their second-best day ever, with $887 million in inflows on June 4.

The first 2x long Ether ETF launched on June 4, while the first 2x short Ether ETF will debut on June 7.

This week's U.S. economic updates feature Monday's manufacturing data and a key jobs report due on Friday.

Analysts are optimistic that Ethereum ETFs could launch in June.

Bitcoin is up 2.5% in the past 24 hours, while Ether and Solana gained 1%.

BlackRock’s IBIT has overtaken GBTC to become the largest Bitcoin ETF with nearly $20 billion in assets.

Last week, $1 billion flowed into crypto-denominated assets, pushing 2024 inflows to $14.9 billion.

Wallets linked to the defunct crypto exchange moved $9 billion worth of Bitcoin on May 28.