Ethereum just had a monster day on Wall Street. On Aug 11, spot ETH ETFs in the U.S. raked in a record $1.02B in inflows — the first time they’ve ever crossed the billion-dollar mark in a single session, per Coinglass data. 📈

Why It’s Big:

  • Fresh ATH for inflows — never been done before.

  • Shows massive institutional FOMO into ETH exposure.

  • Could boost liquidity and price stability in the medium term.

The Macro Vibe:

  • BTC ETFs started the hype earlier this year, but now ETH is showing it can play in the big leagues.

  • Ethereum network upgrades + staking yield narrative are giving it extra shine.

  • Traders are eyeing whether this momentum spills into altcoins.

Key Numbers:

  • 🤑 $1.02B inflows in one day

  • 📊 ETH price hovering near resistance (watch for breakout potential)

  • 🔍 Funding rates still balanced — no extreme leverage yet

💡 Takeaway: Big money is moving into ETH at record pace, and history shows strong ETF inflows can precede big market moves. Eyes on the charts this week.

⚠️ DYOR. Not financial advice.

Stay sharp and stay informed

#Bitlayer $ETH