Ethereum ETFs with record month: billions in inflows and all-time highs

Record inflows in August: Ethereum spot ETFs recorded net inflows of approximately $3.9 billion in August. On August 11 alone, over $1 billion flowed into the funds—the strongest inflow day ever. Assets under management of ETH ETFs increased by over $8 billion in August to a total of $28.6 billion—an increase of more than 40 percent.
With a monthly volume of $58 billion, the funds experienced their most active trading phase to date. Analysts are already comparing the ETH rally to Bitcoin's boom following its ETF launch in early 2024. Ethereum climbed to around $4,800 in response to ETF demand, marking a new all-time high.
In particular, aggressive purchases by new treasury firms are fueling the rally. BitMine, led by Tom Lee, raised 1.72 million Ether worth $7.7 billion within a few weeks—a move that reminds observers of Michael Saylor's Bitcoin strategy.
Experts like Eric Balchunas speak of an “awakening” of funds, while Standard Chartered raised its price target for ETH to $7,500 by 2025 and even $25,000 by 2028.

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