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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.

Sage D. Young

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Solana has tanked since spot solana ETFs launched, despite the funds only recording positive flows to date

Solana’s ETF inflows are a supportive signal, but they aren’t the marginal price setter for the token, one expert explained.

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Sage D. Young1/28/26

Ripple launches treasury platform to manage cash and cryptocurrencies

Ripple, the firm closely tied to the fifth-largest cryptocurrency, XRP, introduced a new treasury platform for digital asset and traditional cash management for users like financial officers, treasurers, and accountants.

Ripple’s move comes more than three months after it acquired treasury software provider GTreasury for $1 billion, one of several steps to grow the firm’s position in corporate finance.

Combining Ripple’s blockchain rails and GTreasury’s software, the new platform’s goal is to simplify treasury operations. It eliminates settlement delays with payment times of three to five seconds and optimizes yield from working capital 24/7 through tokenized money market funds such as BlackRock’s BUIDL and overnight secure repo markets with RLUSD, according to a Tuesday blog post.

Ripple Treasury also aims to provide “real-time cash positions, automated forecasting, and seamless reporting across traditional cash, digital assets, RLUSD, and XRP holdings,” the blog post stated.

Last year, Ripple filed its national banking license application with the US Office of the Comptroller of the Currency, while the firm’s subsidiary Standard Custody & Trust Company applied for a Federal Reserve master account, which would allow Ripple to hold RLUSD reserves directly with the Fed.

XRP has seen $2.4 billion in trading volume in the last 24 hours, increasing 1.8% in the period. The token’s all-time high was set in July 2025 at $3.65. Meanwhile, spot XRP ETFs had nearly $9.2 million worth of inflows on Tuesday, bringing cumulative inflows to $1.4 billion.

Yaël Bizouati-Kennedy

1/28/26

Bitcoin is underperforming precious metals now, but experts warn of “short-sighted” view

The debate on investing in digital gold vs. actual gold continues, but it’s helpful to put each one’s performance in context.