- ETH ETFs brought in over $1B on Aug. 11, led by BlackRock’s ETHA with $640M.
- Ethereum dipped 0.5% today despite record inflows, likely due to CPI data concerns.
- Possible Fed rate cuts in September could fuel a new ETH rally past previous highs.
US spot Ethereum ETFs just set a new milestone, pulling in over $1 billion in a single day on Aug. 11, 2025, according to SoSoValue data. Leading the charge was BlackRock’s ETHA, which alone attracted $640 million in inflows. This marks the largest daily haul yet for ETH ETFs, continuing a months-long streak of steady institutional buying. The surge in demand has been a key driver in Ethereum reclaiming the $4,000 mark.
ETH Price Slips Despite Massive ETF Demand
Curiously, ETH dipped 0.5% today despite this flood of capital. While that’s a modest pullback, it’s happening against the backdrop of significant gains in other timeframes—up 17.5% over the past week, 45% in the last month, and a massive 69% since August 2024. At $4,000+, Ethereum remains only 11.9% below its all-time high of $4,878.
The dip likely ties back to broader market jitters ahead of today’s Consumer Price Index (CPI) release. Traders are bracing for a slight CPI uptick, which could influence the Federal Reserve’s tone during the Jackson Hole meeting later this month. These numbers will help set expectations for September’s monetary policy decisions.
Macro Pressure and Rate Cut Hopes
The market’s cautious tone is also being shaped by geopolitical and economic uncertainty. President Trump’s recent tariff blitz has rattled global trade, feeding into overall volatility.
That said, many analysts still believe the Fed will cut interest rates in September—a move that typically boosts appetite for risk assets like ETH. Lower rates could spark a fresh wave of capital into crypto, potentially helping ETH test and even surpass its all-time high.
