ETHInstitutionalFlows Update – Aug 20, 2025
Institutional Holdings Surge
Corporate treasuries like BitMine Immersion Technologies now hold over 1.15M ETH, helping push institutional reserves to 2.95M ETH+ - more than 2% of supply.
Since May, combined institutional holdings (treasuries + ETFs) have climbed 140%, surpassing 10M ETH.
ETF Outflows vs. Long-Term Accumulation
Spot ETH ETFs saw $197M in outflows on Monday - the 2nd-largest single-day outflow to date.
Alongside last week’s $59M, that’s $256M in outflows over 2 days.
Yet, corporate treasuries and long-term holders keep scaling up exposure, signaling conviction despite ETF volatility.
Diverging Trends
• Short-term flows: ETF redemptions weighing on sentiment.
• Long-term positioning: Institutions steadily treating ETH as a balance sheet asset.
Technical Signals
• A $16.35M whale long was opened around $4,230 ETH, adding bullish weight.
• ETH/BTC ratio at yearly highs.
• ETH trading above its 20-day EMA, eyeing a potential push toward $4,750+.
Bottom line: While ETF flows suggest near-term turbulence, institutional accumulation and technical momentum point toward a long-term bullish shift in Ethereum’s role across markets.
