Spot Bitcoin and Ether ETFs are seeing renewed inflows as institutional appetite for crypto exposure continues to build.

On Friday, spot Bitcoin (BTC) ETFs recorded $642.35 million in net inflows, marking the fifth straight day of gains, according to data from SoSoValue. This pushed cumulative net inflows to $56.83 billion, with total net assets now standing at $153.18 billion, roughly 6.62% of Bitcoin’s total market cap.

Fidelity’s FBTC led the day with $315.18 million in fresh capital, while BlackRock’s IBIT followed with $264.71 million. Trading volumes across all spot Bitcoin ETFs topped $3.89 billion, signaling robust activity and growing institutional positioning. Market leaders like IBIT and FBTC posted daily gains of over 2%.

The uptick comes after a quieter start to the month, suggesting a shift in sentiment as macroeconomic conditions stabilize and the crypto market shows signs of strength. In total, Bitcoin spot ETFs saw $2.34 billion in cumulative net inflows over the past five days.

Related: Ether ETF inflows, explained: What they mean for traders

Ether ETFs attract $405 million

Spot Ether (ETH) ETFs mirrored the bullish momentum, pulling in $405.55 million in daily net inflows on the same day, their fourth consecutive day of gains. Total Ether ETF inflows have now reached $13.36 billion, with net assets at $30.35 billion.

On Friday, BlackRock’s ETHA brought in $165.56 million, while Fidelity’s FETH was close behind at $168.23 million. ETHA alone saw $1.86 billion in value traded on the day, reflecting rising activity in Ethereum-based products.

“Bitcoin and Ethereum spot ETFs keep seeing strong inflows, showing rising institutional confidence,” Vincent Liu, chief investment officer of the Taiwan-based company Kronos Research, told Cointelegraph.

“If macro conditions hold, this surge could strengthen liquidity and drive momentum for both assets,” Liu added.

Related: Spot Bitcoin ETFs see strong demand as crypto market tops $4T again

BlackRock eyes ETF tokenization

BlackRock is reportedly exploring the tokenization of ETFs on blockchain networks, following the success of its spot Bitcoin ETFs. The asset management giant is particularly interested in tokenizing funds tied to real-world assets (RWA), though regulatory challenges remain a key hurdle.

Tokenized ETFs could offer new functionality such as 24/7 trading and integration into decentralized finance (DeFi) ecosystems.

Magazine: Can Robinhood or Kraken’s tokenized stocks ever be truly decentralized?

]]> https://earlybirdsinvest.com/spot-btc-etfs-attract-642m-eth-adds-406m-amid-rising-confidence/feed/ 0 58201 https://earlybirdsinvest.com/bitmine-adds-another-65-3-million-to-ethereum-detail/ https://earlybirdsinvest.com/bitmine-adds-another-65-3-million-to-ethereum-detail/#respond Thu, 04 Sep 2025 18:21:34 +0000 https://earlybirdsinvest.com/bitmine-adds-another-65-3-million-to-ethereum-detail/

Ethereum continues to show resilience in the face of recent volatility and holds firmly at the $4,200 level. Despite this strength, ETH still hasn’t decisively beaten $4,500. This is an important barrier to seeing the next leg of that uptrend. Instead, sales pressures are increasing as the broader markets feel the weight of profitability and uncertainty, leaving traders with the advantage in the near-term outlook.

Related readings

Still, Ethereum’s foundations remain strong. Institutions and large players are stepping forward actively, fostering confidence that demand is far from declining. According to analysts, according to Ted Pillows, Bitmine, a major institution player, bought Ethereum again a few hours ago, and added quite a bit of possession already. This repeated accumulation highlights the growth trend of capital turnover into ETH, despite the other altcoins facing heavier corrections.

The institutional demand narrative provides counterweight to bearish feelings, suggesting that Ethereum may be better positioned to survive the current market environment than Bitcoin and other large tokens. With the favourable harmonization of foundations and whale activities, Ethereum’s ability to maintain structural demand levels could be a critical factor in determining whether the next breakout will come to fruition in the coming weeks.

Bitmine strengthens Ethereum’s position

According to analyst Ted Pillows, Bitmine made headlines again by purchasing another $65.3 million worth of Ethereum, increasing its total holding to an impressive 1785 million ETH. At its current valuation, the stash is worth around $77.1 billion, solidifying Bitmine’s position as the largest Ethereum holder in the market. This dominant position places the agency far ahead of its competitors and has more than twice the holdings of Sharplink, the second largest ETH owner.

The scale of Bitmine’s activities highlights the pace of accelerated institutional adoption surrounding Ethereum. While Bitcoin has historically been spotlighting as an institution’s flagship digital asset, recent capital turnover trends clearly indicate a shift in market preferences. Large players are increasingly allocating capital to ETH, viewing it not only as a store of value, but also as an important part of the future digital economy, given the smart contract ecosystem, Defi applications, and layer 2 scaling development.

This aggressive accumulation reinforces the narrative that Ethereum has emerged as a priority asset for long-term strategic positioning. By consistently adding to its ETH reserve, Bitmine signales trust in its ability to gain Ethereum’s outperform in its current cycle. Furthermore, the contrast between reserves and demand has been stagnating with Bitcoin, which has highlighted the growing dominance of Ethereum in its facility portfolio.

Related readings

Technical details: ETH integrates in scope

Ethereum trades around $4,406, holding above the 200th crucial SMA, but shows clear signs of indecisiveness. The chart highlights how ETH struggled to establish momentum beyond the $4,500 resistance. Despite multiple attempts, the bull has failed to cause a sustained breakout, and ETH is stuck in the side-way integration.

The SMAs for the 50 and 100th periods are flattened and reinforce the idea that momentum is cooled. Still, the nearly $4,280 SMA offers structural support, with buyers consistently defending the field in recent sessions. This suggests that while ETH is under pressure, it will remain intact as long as its underlying bull structure is above this critical level.

Related readings

From a risk reward perspective, the immediate range of Ethereum is clear. Support is between $4,280 and $4,300, and resistance remains firmly set at $4,500. A critical break above $4,500 could pave the way for a retest between $4,700 and $4,800, but if you don’t keep support you’ll likely see a drop of $4,200.

Dall-E special images, TradingView chart

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum has been one of the strongest performers in the crypto market over the past two months, surging steadily to reach new all-time highs just days ago. Its rally has reinforced Ethereum’s role as the leading altcoin, attracting both institutional attention and retail speculation. However, the landscape is shifting as selling pressure begins to creep in. Some analysts warn that ETH could be at risk of further downside in the coming days, with volatility testing investors’ confidence after such an aggressive run higher.

Yet, while concerns grow, on-chain data reveals that whales continue to accumulate at scale. According to Arkham, a massive whale holding $5.97 billion in Bitcoin has now purchased $434.7 million worth of ETH. Just yesterday, this whale moved $1.1 billion to a new wallet (169q) and has been actively purchasing ETH through Hyperunit. In total, he has accumulated more than $3 billion in ETH, staking the majority of it, a move that signals strong conviction despite near-term uncertainty.

This tug of war between selling pressure and whale accumulation sets the stage for a critical moment in Ethereum’s trajectory. The coming days will reveal whether whales are strong enough to keep ETH supported or if further retracements await.

Whale Stakes Billions In Ethereum As Capital Rotation Grows

According to Arkham, one of the largest whales in the market has now purchased over $3 billion worth of Ethereum (ETH), staking the majority of it. This activity has drawn the attention of both analysts and investors, as it highlights a growing capital rotation trend away from Bitcoin and into Ethereum. The whale in question, who initially held $5.97 billion in BTC, has been gradually converting his position, deploying funds at scale through Hyperunit. His BTC address (169qYZJYkyW7HhmWTj58mVXRZDhMFHPZPd) and ETH address (0x616767179c5305a89f13348134C681061Cf0bA9e) are now being closely tracked by the market as investors speculate on his next move.

After moving $1.1 billion in BTC to a fresh wallet, the whale has already purchased $434.7 million in ETH, adding to his massive accumulation and signaling continued confidence in Ethereum’s future. The majority of these holdings are being staked, which reduces liquid supply and underscores a long-term outlook rather than short-term speculation.

Now, the question remains: will he buy the next $650 million today? If so, the additional demand could provide strong support for Ethereum, even as short-term price action shows weakness. More importantly, this capital rotation trend is a clear sign that altcoins are preparing for their turn. As investors rotate from BTC to ETH and beyond, the groundwork for a broader altcoin cycle appears to be forming, setting the stage for heightened volatility and opportunity in the weeks ahead.

Testing Key Demand Level

Ethereum (ETH) is trading around $4,369, showing signs of consolidation after weeks of sharp rallies and subsequent retracements. The chart highlights how ETH has cooled from its recent all-time highs near $4,900, but remains firmly above critical moving averages that continue to guide its bullish structure.

The 50-day moving average, currently near $4,372, is acting as immediate support and has been tested multiple times in recent sessions. Holding above this level is key to maintaining short-term momentum. Meanwhile, the 100-day average is around $3,962, and the 200-day average is at $3,257, reinforcing the long-term bullish trend, suggesting that even deeper pullbacks would likely be met with strong buying interest.

However, Ethereum’s inability to push back above $4,600 highlights waning momentum in the near term. Profit-taking and broader market uncertainty have slowed the pace of gains, leaving ETH vulnerable to further consolidation. A decisive break below $4,350 could open the door to $4,000 as the next major demand zone.

Ethereum remains in a healthy uptrend, but the market is clearly waiting for fresh catalysts. Whether it’s whale accumulation or broader institutional flows, ETH will need renewed buying pressure to retest its highs above $4,800.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

US Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw has criticized recent staff guidance on liquid staking, warning that it fails to reflect the practice’s complexities.

On Aug. 5, the SEC’s Division of Corporation Finance asserted that certain liquid staking arrangements, specifically those involving receipt tokens, do not fall under securities regulations.

However, Crenshaw pushed back, arguing that the statement adds confusion rather than clarity to the legal treatment of liquid staking.

“Instead of clarifying the legal landscape, today’s statement, like other recent staff statements before it, only muddies the waters.”

Crenshaw pointed to two major flaws in the SEC staff’s position. First, she said the guidance relies on a long list of questionable assumptions about how liquid staking operates. Second, the staff’s legal conclusions are heavily caveated, making them unreliable for firms trying to navigate compliance.

She noted that any staking activity not fitting the precise conditions described in the document would fall outside its scope. Because of this, she argued, the guidance offers little protection or direction to those involved in staking-related services.

Crenshaw also reminded investors that the guidance represents the opinion of SEC staff, not the official stance of the Commission itself. As such, she believes it should have been framed as a cautionary alert, not a position of regulatory clarity.

Lehman-like risks in crypto staking

Adding to the concerns, Amanda Fischer, a former SEC Chief of Staff under Gary Gensler, drew parallels between liquid staking and the risky financial practices that led to Lehman Brothers’ collapse in 2008.

In a post on X (formerly Twitter), Fischer warned that liquid staking could expose crypto markets to cascading failures. She explained that the practice allows users to deposit digital assets and receive a synthetic version of the same token, which can be reused to earn additional rewards.

According to Fischer, this mirrors how Lehman reused client assets to back high-risk trades. She argued that liquid staking could replicate the same vulnerabilities without strong regulatory oversight.

The former SEC official also highlighted the risks of relying on token issuers, the possibility of long delays when unstaking, and the threat of technical failures or hacks. Together, these factors could amplify systemic risk across the crypto sector.

Mentioned in this article

The top US-based crypto exchange by volume is announcing upcoming support for a low-cap artificial intelligence (AI)-powered decentralized finance (DeFi) token.

In a new announcement, Coinbase says that it has added Mamo (MAMO) to its listing roadmap, indicating plans to list the coin for trading in the future.

Mamo is a personal finance bot project that aims to boost user return on interest through tools powered by AI.

According to the platform’s whitepaper, the protocol:

“Creates calm, steady progress through thoughtful, risk-aware strategies

Explains everything in plain language, helping you learn as you earn

Keeps you in control. Add, pause, withdraw anytime. No lockups. No confusing rules.

Works quietly alongside your life, not demanding center stage.”

MAMO is the native token of the protocol. The MAMO supply is fixed at 1,000,000,000 tokens.

MAMO is trading for $0.166 at time of writing, up 16.3% on the day and over 111% in the last month.

Last week, two decentralized science altcoins faltered after gaining support from the top US-based crypto exchange platform by volume, Coinbase.

In a post on the social media platform X, Coinbase also recently announced the addition of two decentralized science (DeSci) protocols – Bio Protocol (BIO) and ResearchCoin (RSC) – to its suite of crypto products.

Following the announcements, the tokens both fell in price.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/vvaldmann