Ethereum ETFs Snap Up $1B in ETH as Price Edges Toward Record High
TLDR
- Ethereum ETFs purchased $1 billion worth of ETH in a single day.
- BlackRock led the inflows with a $640 million ETH purchase.
- Fidelity and Grayscale added $276.90 million and $80 million, respectively.
- Ethereum price broke above $4,500 and is approaching its $4,800 all-time high.
- Two whales bought more than $200 million worth of ETH from OTC desks.
Ethereum ETFs recorded one of their strongest buying days, adding $1 billion worth of ETH as the price approaches $4,800. BlackRock, Fidelity, and Grayscale led this surge with significant purchases that pushed inflows to record levels. Consequently, Ethereum price broke $4,500 and is now aiming for its all-time high.
Ethereum ETFs Post Best Day Since Launch
Ethereum ETFs accumulated ETH aggressively, with BlackRock purchasing $640 million for its ETHA fund, its best daily inflow since launch. According to Arkham data, Fidelity followed with $276.90 million, while Grayscale added $80 million. All funds except Invesco recorded net inflows during this buying spree.
ETFS JUST BOUGHT $1 BILLION USD OF ETHEREUM
BLACKROCK BOUGHT $640M $ETH
FIDELITY BOUGHT $270M $ETH
GRAYSCALE BOUGHT $80M $ETHTHE INSTITUTIONS ARE COMING FOR $ETH pic.twitter.com/lFt0dmINvj
— Arkham (@arkham) August 12, 2025
These Ethereum ETFs posted $1 billion in inflows on August 11, marking their best single-day performance since last year’s debut. BlackRock’s ETHA led the charge, and its inflow figure also represented a personal record for the fund. Market analysts noted that such volumes indicate growing institutional demand for Ethereum.
Since May, Ethereum ETFs have attracted billions in net inflows, reinforcing their role in the market’s upward momentum. “The scale of these inflows reflects strong confidence in Ethereum’s future,” Arkham noted in its report. This consistent buying pressure has supported Ethereum’s climb to new yearly highs.
Additional Whale and Corporate Accumulations Boost Buying Pressure
Two large Ethereum whales also entered the market, purchasing over $200 million worth of ETH outside the ETF activity. One whale acquired $137.8 million from FalconX, while the other bought $82.9 million from Galaxy Digital OTC. These acquisitions added to the day’s already significant buying volume.
THESE WHALES JUST BOUGHT OVER $200M OF ETH
Two accounts just bought $220.7M of ETH last night.
0x1d0 acquired $137.8M from FalconX, while 0x80b acquired $82.9M of ETH from Galaxy Digital OTC.
Addresses:
0x1d0f55B2BcC52b9A92838e6AfFf2336438E0e7f9… pic.twitter.com/3TAxr6MjdW— Arkham (@arkham) August 12, 2025
SharpLink Gaming increased its Ethereum holdings by purchasing another 5,226 ETH, worth $23.1 million, according to Lookonchain data. This move brings SharpLink’s total ETH position to 604,026 ETH, valued at approximately $2.69 billion. The company recently raised $200 million to expand its Ethereum strategy further.
Furthermore, SharpLink confirmed it secured $900 million in capital over the past week for its ETH acquisition plans. “Our objective remains to strengthen our Ethereum treasury position,” the company stated. This large-scale corporate buying has amplified the market’s bullish momentum.
Macro and Institutional Catalysts Support Price Rally
The U.S. CPI data came in at 2.7%, which was below market expectations. This result has strengthened expectations for a September Federal Reserve rate cut. Historically, lower interest rates have supported stronger performances in risk assets such as cryptocurrencies.
Ethereum ETFs have benefited from this improved macro backdrop, as investors shift toward assets with higher growth potential. Analysts note that Ethereum, being the largest altcoin, stands to gain more from such shifts in sentiment. The combination of ETF inflows, whale purchases, and favorable macro data has pushed ETH closer to its all-time high.
Arkham highlighted that the pace of accumulation remains unprecedented among crypto investment products. If this trend continues, Ethereum ETFs may play a decisive role in driving ETH beyond $4,800.
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