PANews reported on August 11 that according to SoSoValue data, Ethereum spot ETFs had a net inflow of US$327 million last week (August 4 to August 8, Eastern Time). It is worth noting that all nine ETFs had net inflows.
The Ethereum spot ETF with the largest weekly net inflow last week was Fidelity ETF FETH, with a weekly net inflow of US$109 million. The total net inflow of FETH has reached US$2.37 billion. The second largest was Blackrock ETF ETHA, with a weekly net inflow of US$105 million. The total net inflow of ETHA has reached US$9.85 billion.
As of press time, the total net asset value of the Ethereum spot ETF was US$23.38 billion, the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reached 4.77%, and the historical cumulative net inflow has reached US$9.82 billion.

New snake oil? Etsy witches are hawking spells they claim can change the weather on your wedding day, help you with your love life, or fatten your crypto portfolio. Etsy witches have become a massive trend on social media this year — from romance spells to helping manifest fame. Did you know they can also apparently help you become a crypto millionaire? The practice of witchcraft, once punishable by death by fire (or being pushed off a cliff), has become a talking point on TikTok. Online marketplace Etsy, which allows people to sell their handmade beanies and custom dog collars, has become a hub for the spellcasters despite having a ban on “metaphysical services.” Read more

