Crypto ETFs: Record $6B August Inflows Hit

Crypto ETF net flows reached a record of almost $6 billion over the past month, driven by strong Bitcoin and ETH spot ETF inflows in August.

Price action on the 4h chart shows ETH at $2439.08 holding a bullish structure above the EMA50 at $2423.3 and EMA200 at $2170.88. Momentum remains neutral with RSI at 46.38 while MACD prints a death cross at -4.53. With price inside the Bollinger Bands testing upper resistance at $2505.68, a pullback toward the $2423.3 EMA50 support appears likely before any extension higher.