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CryptoSlate: Crypto News, Insights & Data
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Crypto news highlights for August 29, 2025
Market performance and institutional activity
Ethereum ETFs drive inflows: Spot Ethereum ETFs recorded a net inflow of over $300 million on August 27, demonstrating strong institutional interest and market momentum for ETH. This was led by Blackrock's iShares Ethereum Trust (ETHA) and Fidelity's FETH. Some analysts expect the token to test the $5,000 resistance level soon.
Bitcoin under pressure: In contrast to Ethereum, Bitcoin ETFs saw an $800 million outflow, and the asset's price remains under pressure after falling below the $112,000 support level following a weekend "flash crash". A signific$ETH
ant resistance level to watch is $117,5
