On August 12, the net inflow of the US spot Ethereum ETF exceeded $1 billion in one day, setting a historical record. This drove the price of Ethereum to briefly surpass $4,300, outperforming Bitcoin (BTC), Ripple (XRP), and Solana (SOL). A large influx of institutional capital entered the Ethereum market, demonstrating strong confidence from mainstream financial institutions in ETH. If ETH breaks through the key resistance level of $4,400, it may trigger more than $1.4 billion in short liquidations.

💬 Does the strong performance of the Ethereum ETF indicate that the crypto market is about to enter a new round of institutional bull market? Will we see new historical highs?

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Event time: From August 12, 2025, 14:00 to August 13, 2025, 14:00 (UTC+8)