Ethereum (ETH) Spot ETFs First-August-Week Inflow Reaches Nearly $245 Million

Ethereum News

In the first full week of August, Ethereum (ETH), a major altcoin, kept spot ETF demand positive and extended its consecutive weekly net-inflow run to five weeks. Fund-flow data reviewed by COINOTAG shows the exchange-traded funds tied directly to ETH attracted almost $245 million during that week, giving the asset a fifth straight green period and reinforcing a shift that began after a soft middle phase of the year. The figure is smaller than the blockbuster sums sometimes seen in Bitcoin products, but it is important because it shows continuity rather than a one-day spike. ETF flow is a useful gauge because it separates regulated wrapper demand from ordinary exchange trading. When a fund records net inflow, authorized participants typically create or source exposure to back new investor money. A five-week sequence is therefore more informative than a single session print, since it points to allocation decisions rather than fast rotation. It also gives market makers a steadier reference for inventory needs around the spot market during a summer period when liquidity can thin. Investors added exposure through all five sessions of the reported week, and the streak now spans the final weeks of July plus the opening week of August. July's own accounting strengthens that reading: the ETH funds ended that month with $365 million in net inflows and avoided a full red week, while the Bitcoin products finished July with $172.43 million after $2.4 billion of May withdrawals and $4.5 billion of June withdrawals. The five-week sequence therefore includes late-July inflows plus the first full August week, rather than one outsized print. That consistency is the main signal desks took from the period, especially after a summer when bear-market conditions were discussed around weaker fund demand. It also frames ETH fund demand as a continuing trend rather than an isolated data point.

The same flow data puts the Ethereum sequence against the broader ETF backdrop in the first full week of August. Bitcoin funds logged an all-green week and finished with $853.54 million in net inflows, more than the four previous weeks combined. Daily prints showed $170 million on Aug. 3, $211.49 million on Tuesday, $244.42 million on Wednesday, $128.69 million on Thursday, and $98.85 million on Friday. That made the week the strongest since mid-April and the third-best of the year, behind the week ended Jan. 16, which remains the record at $1.42 billion. Against that backdrop, Ethereum's nearly $245 million was the smaller but steadier leg, and it did not require an all-time-high move to remain positive. In July, ETH products finished with $365 million in net inflows, while Bitcoin products ended with $172.43 million after May's $2.4 billion and June's $4.5 billion withdrawals. The comparison shows why the five-week ETH streak stands out: it persisted through a month when Bitcoin flows were recovering from heavy outflows and only modestly positive overall. ETF flow is also separate from automated-market-maker pool volume, so the streak reflects fund creation and redemption rather than decentralized pool turnover. During that same first full August week, Bitcoin's price moved from $62,200 on Monday to $65,400 by Friday, a price advance that can make wrapper demand more visible because momentum and fund creation can reinforce one another. The ETF figures alone show five consecutive positive sessions for Bitcoin funds and a fifth consecutive weekly positive period for Ethereum funds. For allocators, the relevant point is that the ETH streak did not rely on one outsized day in the first full August week. It was a continuation of July's positive close, extending a pattern that began while Bitcoin funds were still rebuilding after two months of redemptions.

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the nearest Ethereum support at $1,891.35 at 94/100, driven by EMA 50 and Fibo 0.382. The first resistance at $1,954.10 scores 79/100, with Fibo 0.500 and R2 contributing. Spot ETH trades at $1,921.53, while funding is 0.0047%, open interest is about $7.58 billion and the long/short account ratio is 1.47, showing a modest long bias despite Fear and Greed at 30. MACD remains bearish and the trend is sideways. A move above $1,954 would keep the first-full-August-week inflow streak constructive, while losing $1,891 would weaken the setup. With the first full August week closed, those levels now frame the next ETH positioning test.