Ethereum (ETH) Price: $1.5 Billion in 10 Days - ETF Demand Holds Strong Even as ETH Dips
TLDR
- Ethereum traded at $2,436 on August 29, down 2.33% on the day
- U.S. spot Ethereum ETFs posted 10 straight days of net inflows totaling $1.52 billion
- BlackRock’s ETHA led with $1.02 billion in inflows over nine days, taking ~72% of category flows
- The CLARITY Act faces a Senate cloture vote on September 15
- ETH key support sits at $2,350, with resistance at $2,500
Ethereum fell to $2,436 on August 29 as broader crypto markets dropped 1.71% over 24 hours, pulling the total crypto market cap to $2.62 trillion. Bitcoin was trading below $78,000 and XRP sat around $1.38.
Despite the price dip, ETH has rallied sharply from around $1,900 in mid-August. The coin pushed past $2,200 and tested $2,500 multiple times before pulling back.
U.S. spot Ethereum ETFs recorded $102.18 million in net inflows on August 28, marking the 10th consecutive day of positive flows. Total inflows across the streak reached approximately $1.52 billion.
The week ending around August 21 delivered roughly $697 million in Ethereum ETF inflows — the strongest weekly total in about 10 months and a 2026 high at the time, per SoSoValue.
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