Ethereum just secured a tokenized euro cash fund from Amundi while traders say its BTC pair is building a base for upside. Together, the on-chain fund launch and bullish ETH/BTC structure show both institutions and charts leaning toward Ethereum at the same time.
Amundi Puts Euro Cash Fund Shares on Ethereum
The launch places Amundi in a growing field of global managers bringing money-market and cash products onto public networks such as Ethereum, after earlier tokenized fund initiatives from Franklin Templeton, UBS Asset Management and BlackRock. Industry data shows tokenized money-market and treasury products have climbed into the multi-billion-dollar range in 2025, underscoring how Ethereum is becoming a key venue for institutional fund tokenization.
Ethereum Builds Range as Break Hints Higher
Meanwhile, Ethereum trades inside a falling channel after a 144% historical swing highlighted on the chart, followed by a long correction from March 2025 highs. The 3-day candles compress near multi-month horizontal support between 0.03237 BTC and 0.02601 BTC, showing a defined institutional band viewed as downside exhaustion areas.
ETH/BTC 3-Day Chart. Source: CryptoMichNL
On the chart, the indicator panel above shows RSI sliding from the 60-plus zone into lower levels, reflecting weaker momentum during the downtrend. Because price recently bounced, ETH holds above the rising 50-period EMA, which curves upward near 0.027 on the vertical axis, acting as dynamic short-term support.
Then, analyst CryptoMichNL posted that “ETH looks primed for the next leg upwards.” After that, the 3-day chart showed higher lows forming during consolidation. It also captured a break above the falling resistance line that capped earlier rallies. As a result, the pattern signals potential continuation on higher timeframes.
However, resistance remains near the upper boundary of the recent channel around 0.03315 BTC. If ETH fully clears that zone, the next liquidity pockets on the chart align toward prior swing highs, where sellers previously stepped in. Still, the move stays conditional on pattern completion, not narrative opinion.
