This week's ETF data: Bitcoin $1.9 billion, a historic level of inflows!
Ethereum net inflow of $697 million in a single week.
This is the largest weekly inflow for ETH since October 2025.
The entire crypto market saw a total net inflow of $2.6 billion this week, hitting a new high since last October. The trading volume of two types of ETFs surged from $6.9 billion to $22.1 billion, more than tripling.
The previous week still had a net outflow of $392 million. In just one week, the direction completely reversed.
But what really excites me is not the total amount — it's the structure.
For the past six months, Ethereum has been living in Bitcoin's shadow.
BTC ETFs have attracted hundreds of billions, while ETH ETFs played a supporting role. The market even seriously started discussing a painful question: "Are institutions no longer interested in ETH?"
After all, in the past six months, the ETH/BTC exchange rate has been declining steadily, making people question everything.
But this week's data slapped that notion in the face.
Bitcoin $1.9 billion VS Ethereum $697 million — the ratio is close to 3:1.
This is not the 2024 script of "BTC eating the meat, ETH drinking the soup." This is ETH attracting capital at its own pace.
There are several signals you must understand:
First, the ETH/BTC exchange rate is building a mid-term bottom.
As of August 21, the ETH/BTC rate has rebounded to around 0.031, returning to the level seen in April this year. ETH price rose about 25% in a week, breaking through $2,300.
This is not a "dead cat bounce." This is a trend recovery supported by institutional funds.
Second, institutions' allocation demand for "smart contract platforms" remains strong.
ETH's compliance ranks just behind BTC. Under the SEC regulatory framework, ETH is the path of least resistance for institutional funds allocating to "non-BTC crypto assets."
BlackRock's ETHA single-day net inflow hit a record $173 million, with a total historical net inflow reaching $12 billion.
BlackRock is telling you with real money: ETH is not a "copycat," it is a "strategic allocation."
Third, and most crucial point —
This $697 million is not a "passive inflow" following BTC.
It emerged independently while BTC is already strong.
What does this mean? It means institutional confidence is "expanding," not "seeking shelter."
Think about the 8-week net outflow from May to July, with a total of $8.26 billion withdrawn from the crypto market.
What were institutions doing then? They were fleeing.
And now? After the "1011 flash crash" in early August, the market underwent intense deleveraging. The previous week still saw net outflows, but this week reversed direction with a $3 billion inflow.
Institutions are rebuilding positions at the low levels after the flash crash.
And this time, ETH was not left behind.
Operationally, I want to say something straightforward —
If you only focus on BTC, you might miss ETH's catch-up opportunity.
Institutional funds never bet on a single asset; they allocate in combinations.
BTC as the base position, ETH for volatility — this is the standard institutional crypto allocation model.
When ETH starts independently attracting capital, it shows institutional confidence is shifting from "risk aversion" to "expansion."
And the first step of expansion is always allocating ETH.
History doesn't simply repeat, but it often rhymes.
In 2020, institutions bought BTC first, then ETH followed, then the altcoin season exploded.
In 2026, the script might be replaying.
Once BTC market dominance peaks and ETH/BTC stabilizes — that is the "green light signal" for altcoin season to start.
And this $697 million might be the first light turning on.
$BTC$ETH#BTC冲高后震荡，ETF资金持续流入
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