Crypto Wavers, ETH ETFs in the Spotlight
Bitcoin (BTC) weakened and remained around $110,000, while Ether (ETH) hovered around $4.44,000 and Solana (SOL) near $188 during Tuesday's European session, marking a continued correction after a brief rally last week. Fragile sentiment saw BTC briefly approach a seven-week low, in line with weakness across major crypto assets.
On the flow front, Ether spot ETFs remain in the spotlight: a large daily inflow on August 12 and a surge in net inflows on August 25 indicate persistent institutional interest, despite daily price fluctuations. This helps support the narrative of a partial rotation of exposure from BTC to ETH, even as the overall market continues to seek new catalysts.
Policy factors are also shaping the short-term trajectory: the CFTC is pushing for a framework for crypto spot trading on licensed exchanges, while the US Treasury Department is opening public comments on its stablecoin bill (GENIUS Act)—two regulatory avenues that have the potential to improve regulatory clarity and liquidity, but also fuel volatility as the technical details are worked out. Going forward, market participants will monitor US macro data, ETF flow dynamics (especially Ethereum), and derivative funding to gauge whether the current consolidation will continue or reverse.
Source: Newsmaker.id
