Quick Take

Weekly Market Index

Price and volatility indices increased by +6.93% and +15.23%, respectively, last week. Volume index decreased by -4.16%. AVAX led the price increase, which coincided with news on Grayscale’s launch of the Grayscale Avalanche Trust and Franklin Templeton’s expansion of its Onchain US Government Money Market Fund (FOBXX) on Avalanche.


Chart of the Week

BlackRock’s iShares Ethereum Trust, ETHA, surpassed $1 billion in net inflows on 20 August, becoming the first US spot ETH ETF to reach this milestone, according to data from Farside investors. 

As of 23 August, US spot ETH ETFs have a total net outflow of $465 million since launch. All the ETFs saw a cumulative net inflow except Grayscale’s ETHE, which saw a cumulative net outflow of $2.5 billion.


Weekly Performance

BTC and ETH increased by +7.0% and +3.6%, respectively, in the past seven days. Prices for all other selected top market capitalisation tokens increased, led by AVAX (+27.5%).

Key categories were all up in market capitalisation in the past seven days. The Artificial Intelligence category led the increase.



News Highlights

ETFs and Funds

Regulations

Others


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Catalyst Calendar


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📈 BlackRock’s ETHA became the first US spot ETH ETF to surpass $1 billion in net inflows; Sony’s joint venture launched Ethereum Layer-2 Soneium

BlackRock’s ETHA became the first US spot ETH ETF to surpass US$1 billion in net inflows; Sony’s joint venture launched Ethereum Layer-2 Soneium; US SEC rejected two prospective US spot Solana ETFs.

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