Category: Business

U.S. spot Ethereum exchange-traded funds recorded approximately $5 million in net inflows on Aug. 17, according to data from Farside Investors. The tally excludes BlackRock’s ETHA and the staking-focused ETHB, which were not included in the reported figures.

Fund-Level Breakdown

Among the funds that reported flows, Fidelity’s FETH led with $4.3 million in net inflows, followed by Bitwise’s ETHW with $700,000. The data underscores a modest but positive day for Ethereum investment products, even as broader market sentiment remains cautious.

Context and Implications

The inflows come amid a period of mixed activity for digital asset ETFs. While Bitcoin ETFs have seen more volatile flows, Ethereum products have attracted steady, albeit smaller, interest from institutional investors. The exclusion of BlackRock’s products from the tally is notable, as ETHA has been one of the largest Ethereum ETFs by assets under management since its launch. The omission may reflect reporting discrepancies or a deliberate choice by Farside to focus on funds with clearer flow data.

Why It Matters

For investors tracking the adoption of Ethereum-based financial products, these flows provide a snapshot of demand. Even modest inflows can signal growing confidence in Ethereum as an asset class, particularly as staking features and regulatory clarity evolve. However, the overall scale remains small compared to the broader crypto market, and daily flows can be volatile.

Conclusion

While the $5 million figure is not transformative, it represents a continuation of steady interest in spot Ethereum ETFs. As the market matures, daily flow data will remain a key metric for gauging institutional participation and sentiment.

FAQs

Q1: What are spot Ethereum ETFs?
Spot Ethereum ETFs are exchange-traded funds that directly hold Ethereum ($ETH), allowing investors to gain exposure to the cryptocurrency without owning it directly. They trade on traditional stock exchanges.

Q2: Why were BlackRock’s ETHA and ETHB excluded from the inflow data?
Farside Investors, the data provider, did not include these funds in the reported tally. The reason may be due to data availability or a specific methodology choice, but it is not uncommon for providers to exclude certain products for clarity.

Q3: How significant is $5 million in net inflows for Ethereum ETFs?
While the amount is modest, it indicates continued interest from investors. Larger inflows are often seen during periods of market optimism or regulatory milestones, but steady, small inflows can also reflect growing institutional comfort with the asset class.

Printr, a platform offering cross-chain memecoin creation and trading services, has announced it is ceasing operations due to funding difficulties. According to the company’s announcement, the platform will completely shut down on August 31st, ending its services to users.

The Printr team stated that they have been evaluating all possible options to continue the project for the past three months. However, due to current market conditions, insufficient funding, and lack of distribution support, it has become impossible to continue operations. The statement emphasized that the decision was made after lengthy evaluations and that the platform’s sustainability is no longer guaranteed.

As part of the closing process, all on-chain staking positions and accumulated staking rewards on the platform have begun to be automatically resolved starting today. The relevant assets will be returned to the addresses where users made their initial investments. Staking services will be completely terminated upon completion of this process.

On the other hand, Printr announced that its previously planned token generation event (TGE) and airdrop program have also been canceled. The project team stated that these plans will no longer be implemented as part of the closing process.

The Printr application’s user interface will be closed after August 31st, and transactions will no longer be possible through the platform. However, tokens previously created through the platform will continue to exist as independent entities on the blockchain.

The recent difficulty in accessing funding and declining investor interest in the crypto sector have put pressure on early-stage projects in particular, and Printr’s closure is seen as one of the latest examples of these challenging market conditions.

*This is not investment advice.

Jane Street, a leading market maker on Wall Street, made a notable investment in Bitcoin exchange-traded funds (ETFs) in the second quarter of 2026.

According to a 13F filing submitted to the U.S. Securities and Exchange Commission (SEC), the company purchased approximately $630 million worth of Bitcoin ETF shares during that period. This brought Jane Street’s total Bitcoin ETF holdings to $1.06 billion.

The data released indicates a reversal of the strategy the company followed in the first quarter of the year. Jane Street reduced its Bitcoin ETF positions by approximately 71 percent in the first three months of 2026 and adopted a cautious stance towards the cryptocurrency market. However, strong purchases in the second quarter have increased expectations that institutional investor interest in Bitcoin may be revived.

Market experts say Jane Street’s move is significant not only in terms of investment size but also its timing. Despite the volatility in Bitcoin prices in recent months, the company’s increase in positions is seen as a signal that long-term expectations remain positive.

Spot Bitcoin ETFs traded in the US have become a significant tool for institutional investors to access the cryptocurrency market. Products offered by major financial institutions like BlackRock and Fidelity, in particular, are facilitating the flow of traditional capital into Bitcoin.

Analysts say Jane Street’s second-quarter purchases indicate that institutional demand has not completely disappeared. However, investors will closely monitor upcoming 13F announcements to see if other major funds and financial institutions make similar changes to their Bitcoin ETF positions.

The continued shift of institutional investors towards Bitcoin through ETFs is considered a key indicator of the market’s medium- to long-term outlook.

*This is not investment advice.

Bitcoin $BTC$64,087.35 scored a rare achievement on Monday by outperforming the S&P 500.

The largest cryptocurrency rose 2.6% to over $64,000, registering its best daily performance in over a month, according to CoinDesk data. Wall Street’s benchmark equity index, S&P 500, fell by 0.52%.

Bitcoin, therefore, not only outpaced equities but moved in the totally opposite direction. This was once a norm. Bitcoin has spent most of its history being the higher-beta asset relative to stocks, meaning it typically moves more than stocks in both directions.

“$BTC outperformed the stock market today. This has become a less common occurrence lately. 1/2 In fact, $BTC only outperformed the S&P 500 on around one third of trading days over the last three months,” blockchain analytics firm Glassnode said in a Telegram chat.

Underperforming two-thirds of the time means $BTC has been acting less like a higher-beta asset relative to stocks and more like a laggard. Key reasons for that include the AI stock frenzy on Wall Street that has sucked out capital from other corners of the financial market, including cryptocurrencies.

The bear market phase of bitcoin’s self-fulfilling four‑year cycle has also played a role in keeping demand for $BTC subdued. $BTC peaked above $126,000 in October last year and quickly entered the bear market, which is expected to bottom out by October this year.

Peter Schiff, CEO of Euro Pacific Capital, known for his anti-Bitcoin views, said that Bitcoin’s recent price recovery should be seen as a selling opportunity rather than a buying opportunity for investors. Schiff, who has been in the spotlight for many years for his critical statements about Bitcoin, made noteworthy assessments regarding the cryptocurrency market in a post on the social media platform X.

Schiff stated that he was unsure why Bitcoin hadn’t experienced a decline in the last trading day, arguing that the price increase presented an opportunity for long-term investors to reduce their positions. The renowned economist noted that he couldn’t see the fundamental factors supporting the current rise and that it was unclear what factors were keeping the price afloat.

In his statements, Schiff specifically drew attention to the $65,000 level, arguing that this area represents a significant resistance point for Bitcoin. According to the experienced investor, Bitcoin does not have significant upside potential above this level. Conversely, he stated that if the price remains below $65,000, the downside risks outweigh the downside risks.

Schiff’s comments come amid ongoing debate about whether Bitcoin’s recent recovery is sustainable. While some investors in the cryptocurrency market believe the rally will continue, others remain cautious due to macroeconomic uncertainties and market volatility.

According to CoinMarketCap data, Bitcoin was trading at $64,405 at the time of writing, having gained 2.49% in the last 24 hours. Despite its recent surge, the largest cryptocurrency is still hovering near critical technical levels, with investors closely watching how the price will react to the $65,000 resistance.

*This is not investment advice.

The Crypto Fear and Greed Index, a key indicator measuring investor sentiment in the cryptocurrency markets, rose to 41 today, signaling a limited improvement in market sentiment.

According to the data, the index rose by 10 points compared to the previous day. However, despite this increase, the indicator is still in the “fear” zone.

The index is used to measure investors’ risk perception and overall sentiment towards the market. As the indicator approaches zero, it shows increased fear and selling pressure in the market; as it approaches 100, it indicates that investors are more optimistic and willing to take risks. Therefore, the current level of 41 reveals that market participants remain cautious but exhibit a more positive outlook compared to previous days.

Analysts note that the rise in the index could signal a gradual recovery in investor confidence. However, the fact that the indicator is still in the fear zone suggests that the market has not fully transitioned to an optimistic outlook and that investors continue to closely monitor macroeconomic developments and price movements in the cryptocurrency market.

*This is not investment advice.

Investors were allocated about 19.7 billion $MON, nearly 20% of the original supply. Those tokens were locked when Monad’s public network launched last November and begin unlocking after a one-year wait, followed by monthly releases over the remainder of a four-year schedule.

That makes November the first point at which early investors begin receiving tokens they can sell normally.

$MON traded around $0.021 on Tuesday, about 16% below the $0.025 price of last year’s public sale. Roughly 11.8 billion $MON are currently circulating, giving the token a market value near $250 million against a fully diluted value of about $2.1 billion.

As such, the token price has struggled while activity on the network has grown.

The amount of money deposited in Monad-based decentralized finance apps has climbed to about $895 million from roughly $360 million on July 2, according to DeFiLlama, an increase of almost 150% in about six weeks. Stablecoins on Monad are worth about $707 million, while decentralized exchanges on the network handled roughly $79 million of trading over the past day.

That growth does not explain why investors rejected the Foundation’s offer. And without knowing how steep a discount they were asked to take, the lack of sellers cannot be read simply as a bullish call on $MON.