Overview
- CoinShares reported $3.75 billion of weekly inflows into crypto funds, about 77% into Ethereum products, with BlackRock’s ETHA taking in over $2.3 billion and the U.S. contributing roughly 99% of flows.
- Spot crypto ETFs logged their highest weekly trading volume at about $40 billion, including roughly $17 billion in Ether ETFs, according to Bloomberg’s Eric Balchunas.
- On Aug. 18, U.S. Ether ETFs recorded $196.6 million in redemptions—the second-largest daily outflow—led by BlackRock (~$86.9 million) and Fidelity (~$78.4 million), per SoSoValue.
- Cumulative net inflows into U.S. Ether ETFs now exceed $12 billion, with assets around $27.7 billion holding approximately 6.5 million ETH, or about 5.34% of supply.
- On-chain and fund data indicate tightening liquidity as exchanges see large ETH withdrawals and corporate treasuries accumulate, while Solana drew notable institutional inflows and posted $5.84 billion in daily volume.