On August 21, iShares Ethereum Trust ETF rose 5.19% in pre-market trading, trading at $18.299/share, with turnover of $9.31 million.

On the news front, U.S. spot Bitcoin ETFs recorded $606.3 million in net inflows on August 20, marking the fourth consecutive day of positive flows and a three-month single-day record. BlackRock's IBIT dominated with $503 million, followed by Fidelity's FBTC at $64.7 million and Bitwise's BITB at $26.4 million. The broader crypto market continued its rally, with ETH sustaining gains above $2,200 after surging over 17% in the prior session to break above $2,000 for the first time in three months.

On-chain data shows significant whale accumulation, with multiple addresses purchasing over $60 million in ETH within 24 hours, while short liquidations on major centralized exchanges exceeded $400 million. Contract open interest surged 11.15% in 24 hours to $29.18 billion. Institutional confidence is further supported by Q2 13F filings revealing accelerated ETH exposure among major financial institutions, reinforcing bullish sentiment across Ethereum-linked financial products.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)