Ethereum price breaks through $2,430, ETF sees capital inflows of $221 million
2026-08-21 19:33:48
According to CoinMeta, today Ethereum's price rose to $2,430, with ETF funds inflowing by $221 million, pushing Ethereum above $2,400. Despite different signals sent by large holders in the market, Ethereum managed to break through $2,430 for the first time during the strong rebound on Friday, indicating an increase in institutional demand. Over the past week, Ethereum has risen by about 29%, but the reactions of whales (large traders) have been mixed. Some major wallets are withdrawing tokens from Binance, while others are taking advantage of the rebound to make profits. According to Sosovalue data, US spot Ethereum ETF attracted a net inflow of $220.77 million on August 20, setting a new daily trading volume high since October 28, 2025. This data continues a four-day positive trend in the sector, with total inflows during that period reaching $512.25 million.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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