Overview
- U.S. Ethereum ETFs saw about $196.6–$197 million in net outflows on Aug. 18, led by BlackRock (~$87 million) and Fidelity (~$78 million), marking one of their largest single-day withdrawals.
- CoinShares reported $3.75 billion in weekly crypto fund inflows with Ethereum products taking $2.87 billion, or roughly 77% of the total, the strongest concentration of flows last week.
- Roughly $270 million in crypto liquidations hit over 24 hours, including about $170 million in ETH longs, as traders repriced rate-cut odds ahead of Jerome Powell’s Jackson Hole remarks.
- ETH pulled back to roughly $4,200, with analysts highlighting a key $3,900–$4,400 support zone after the asset peaked near $4,776 last week.
- Spot ETFs now hold about 6.5 million ETH (~5.1%–5.34% of supply) and some analysts project their share could surpass BTC ETFs’ proportional holdings by September, even as a ~$3.9 billion unstaking queue and thin exchange reserves tighten supply.