"For two consecutive months, ( ( EthereumCRYPTO:ETH) has eclipsed BitcoinCRYPTO:BTC) in capital inflows, marking a seismic shift in the crypto market. In July, Ethereum exchange-traded funds (ETFs) saw robust inflows, outstripping Bitcoin ETFs, which experienced net outflows. Specifically, Ethereum ETFs attracted $1.87 billion in net inflows, while Bitcoin ETFs saw $1.02 billion in net outflows. This trend intensified in August, with Ethereum funds drawing $3.95 billion in net inflows compared to Bitcoin's $301 million in net outflows, according to CCN data."
"Analysts agree, there is a single catalyst behind Ethereum's dominance: BitMine Immersion Technologies (NASDAQ:BMNR), a company aggressively reshaping the crypto treasury landscape. BitMine Immersion, under the leadership of Fundstrat co-founder Tom Lee, has pivoted from Bitcoin mining to an Ethereum-focused treasury strategy since the end of June. The company aims to amass 5% of Ethereum's circulating supply, a goal valued at over $20 billion at current prices."
Ethereum exchange-traded funds recorded substantial net inflows in July and August 2025, while Bitcoin ETFs registered net outflows across the same period. July saw $1.87 billion flow into Ethereum ETFs versus $1.02 billion of Bitcoin outflows; August expanded the gap with $3.95 billion into Ethereum and $301 million out of Bitcoin. Institutional interest emphasized Ethereum's DeFi utility, staking yields, and tokenized assets. BitMine Immersion Technologies shifted its treasury strategy toward Ethereum under Tom Lee, targeting roughly 5% of circulating ETH, a position valued at over $20 billion and a major driver of recent capital movement.
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