Jockey horse race art nouveau illustration

(Getty Images)

Spot ethereum ETFs outpace bitcoin ETF inflows

In August, spot bitcoin ETFs had only five days of inflows that were greater than ethereum, per SoSoValue.

8/28/25 1:27PM

Inflows into spot ethereum ETFs are flipping bitcoin’s.

On Wednesday, about $309.5 million entered into US spot ethereum ETFs, extending a five-day streak of positive inflows, data from SoSoValue shows. Notably, so far in August, ethereum ETFs have notched $4 billion in inflows, while US spot bitcoin ETFs have seen $803 million of outflows, the second-highest on record and a sign of investor rotation away from bitcoin.

Matt Hougan, the chief investment officer of crypto asset manager Bitwise, said in an X post, “There is a relentless bid for ETH atm.”

Top holders of ethereum ETFs include Goldman Sachs Group, Jane Street, Millennium Management, Capula Management, and Schonfeld Strategic Advisors, which have a collective exposure of more than $1.3 billion, per Bloomberg, using data from 13F filings with the SEC as of the second quarter.

By category, “advisors are dominating the known holders and have pulled away from Hedge Funds,” Bloomberg ETF research analyst James Seyffart posted on Wednesday.

Despite having more inflows recently, spot ethereum ETFs’ cumulative inflows stand at $13.6 billion, 25% of bitcoin’s total inflows since inception, which sit at almost $54.2 billion.

The price of ethereum recorded an all-time high of nearly $4,950 last week, and bitcoin also notched a record price in August, touching the $124,000 level. But year to date, ethereum has jumped 34%, compared to bitcoin 20% increase.

In other ethereum news, Cathie Wood’s Ark Investment Management LLC added shares of BitMine Immersion Technologies, the leading corporate treasury firm of ethereum by total tokens held.

According to a Wednesday trading filing, Ark Investment bought 339,113 BitMine shares worth nearly $15.6 million across three of its ETFs: ARK Fintech Innovation ETF, ARK Innovation ETF, and ARK Next Generation Internet ETF.

BitMine currently has more than 1.7 million ethereum tokens, or about $7.7 billion, in its war chest.

$1.2B

Yaël Bizouati-Kennedy10/17/25

Crypto liquidations reached $1.2 billion in the past 24 hours, according to CoinGlass data, as bitcoin continued its downward trajectory. Bitcoin suffered $458.24 million in liquidations, with the bulk of them — over $334 million — in long positions. Meanwhile, the second-biggest crypto, ethereum, saw the second-biggest figure for liquidations yesterday, with $278 million.

Bitcoin slipped as far as $103,856 early Friday morning, its lowest level since July, and is down 13% in the past seven days. The sell-off dragged the total crypto market cap down to $3.67 trillion, down 5.5%. Underscoring the market anxiety, CoinMarketCap’s fear and greed index is now at 28.

Bitcoin ETFs also suffered, registering $536 million in outflows on Thursday. The Ark 21 Shares Bitcoin ETF took the biggest hit, with $275.15 million in outflows. Since Monday, bitcoin ETFs have seen $864.5 million in outflows.

Maja Vujinovic, CEO and cofounder of digital assets at FG Nexus, told Sherwood News that bitcoin’s slump looks like a classic risk-off chain reaction.

“Credit jitters and trade tensions pushed money into gold at record highs while leveraged crypto longs were forced to unwind. Once the liquidations exhaust and policy fog clears, the same macro buyers chasing safety today are likely to hunt value in BTC again,” Vujinovic said.

Sage D. Young

10/16/25

SharpLink Gaming announces $76.5 million capital raise and potential to more than double that

An analyst noted that “flows and positioning, not fundamentals, are shaping the ETH story right now.”

Yaël Bizouati-Kennedy

Desperately Seeking Uptober

10/16/25

Bitcoin drops below $110,000, while treasuries slow down acquisitions

Glassnode analysts wrote that “the market is in a reset phase.”

Sage D. Young

10/15/25

Ethereum ETFs flip black as the token rebounds above $4,000

SharpLink Gaming generated 488 ethereum tokens worth about $2 million from staking last week, while ETHZilla announced a reverse stock split at a 1-for-10 ratio.

$15B

Yaël Bizouati-Kennedy10/15/25

The US government seized 127,271 bitcoin, worth $15 billion, in what it calls the Department of Justice’s “largest ever forfeiture action.”

The indictment against Chen Zhi, chairman of Cambodian conglomerate Prince Group, alleges that he engaged in wire fraud conspiracy using forced labor in Cambodia.

“Individuals held against their will in the compounds engaged in cryptocurrency investment fraud schemes, known as ‘pig butchering’ scams, that stole billions of dollars from victims in the United States and around the world. The defendant is at large,” according to a DOJ press release.

This is “exactly the kind of outcome the Strategic Bitcoin Reserve was designed to enable,” Zack Shapiro, managing partner at Rains Law and head of policy of the Bitcoin Policy Institute, said on X.

This significantly increases the size of the US’s strategic reserve, which held over 197,000 bitcoin before the seizure. As of today, Arkham Intelligence data shows it’s holding 324,780 bitcoin, worth over $37 billion.

Spot ethereum ETFs outpace bitcoin ETF inflows

More Crypto

Latest Stories