August ETF Flows Show the Massive Scale of Bitcoin to Ethereum Rotation

Good morning, Asia. Here’s what makes news on markets:

Welcome to Morning Briefing, a daily summary of the best stories during the American hours and an overview of market movement and analysis. For a detailed overview of American markets see Americans.

August has released a rare conversion to ETF Tide: Bitcoin point funds have deprived $ 751 million in the clean outflows just a few weeks after switching on the asset to $ 124,000, while Ethereum ETF quietly absorbed $ 3.9 billion. According to market data.

Divergence is striking because the first time that the two products have launched that BTC ETF has lost land, while the Ethereum ETF has published a strong influx in the same month, suggesting that institutional investors can balance their exposure.

The chain data underlines the fragility of bitcoins. Recent Message from Glassnode It shows that the BTC slips under the cost base of 1 and 3 months, leaving short -term investors underwater and increasing the risk of deeper restoration. A permanent step below the six-month cost of costs near $ 107,000 could speed up losses towards the $ 93,000-95,000 support zone, where the latest cluster of long-term holders has accumulated.

The markets of forecasts reflect. Polymarket traders now assign a 65% chance that BTC revises $ 100,000 ahead of $ 130,000, while only 24% expect it to reach $ 150,000 by the end of the year. This shift suggests that investors see the July rally as too widespread without the renewed demand of the ETF to support it.

Meanwhile, Ethereum benefits from the tide more stable. ETH ETF has seen a positive net subscription for 10 in the last 12 months and the August king of $ 3.9 billion helped the token by 25% profit after 30 days despite the harsh week.

Since the influx of bitcoin flows out, Ethereum’s more stable institutional offer may appear as a quiet ballast and possibly the beginning of the rotary story to the end of the year.

Market movements:

BTC: Market observers say that cryptomats look so bear that they could be bulls according to previous reporting, because BTC trades below 108k, with forced liquidation cleaning lever effect and revival probably after the Fed 17 decision. September.

ETH: Polymarket traders see Ethereum, which holds over $ 3,800 until September 5 with more than 90% of the chance, while longer -term bets give him 71% chance to complete $ 2025 over $ 5,000 and a slimmer chance of $ 10,000 or higher.

Gold: Gold climbed to a record maximum, because traders at the price price of fed rates, weaker dollar and political uncertainty after the calls of the central bank’s independence.

Nikkei 225: Nikkei 225 seemed to open below when investors considered the US court against Trump’s tariffs, links to China and India, and upcoming production data.

Elsewhere in the crypto:

• Justin Sun Eyes ‘Swift’ for the Virtual Asset sector, praises the Hong Kong crypt movements (Scmp)
• Trump-under-opposed USD1 to replace harness, USDC as Top Stablecoin by 2028: Blockstreet (Unscramble)
• WLFI derivatives jumps 400% before the first unlocking of World Liberty token on Monday (Block)