Overview
- U.S. spot Ethereum ETFs posted 16 consecutive days of net inflows, sending July’s haul past $5 billion, according to SoSoValue data.
- SharpLink Gaming, Bit Digital and BitMine Immersion amassed roughly 876,000 ETH in July, pushing combined corporate holdings above one million tokens.
- On-chain data show more than one million ETH withdrawn from centralized exchanges over the past month and staking participation near 30%, signaling tightened liquid supply.
- After rallying over 60% in July to a local high of about $3,941, ETH now consolidates around $3,800 beneath the $4,000 resistance level.
- Bernstein and Standard Chartered analysts caution that staking queue delays and complex DeFi yield strategies could stress liquidity and security for expanding ETH treasuries.