📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Record Inflows in Ethereum ETFs! Outpaced Bitcoin ETFs! Here are the Numbers
In the US, spot Ethereum exchange-traded funds had a net inflow of over $240.3 million on Wednesday, surpassing the $164.5 million inflows of Bitcoin ETFs. This marked the 18th consecutive day of positive inflows for spot Ethereum ETFs.
240 Million Dollar Inflow to Spot Ethereum ETFs: Outperformed Bitcoin
According to data provider SoSoValue, BlackRock's ETHA fund leads on Wednesday with an inflow of $163.6 million, followed by Fidelity's FBTC fund with an inflow of $37.28 million. Grayscale's Mini Ethereum Trust and ETHE funds also recorded positive inflows, while Bitwise's BITW fund joined the list.
Interest in ETH ETFs is Increasing with DeFi and Regulation Signals
LVRG Research Director Nick Ruck stated that the U.S. Securities and Exchange Commission's possible green light for exceptions for DeFi has directed investor interest towards Ethereum. "While Bitcoin is breaking records and altcoins saw all-time highs last year, investors now believe that Ethereum is still undervalued," he said.
SEC Commissioner Paul Atkins emphasized in a speech at the recent Crypto Task Force meeting that personal property should also be protected in the digital environment and made statements in favor of DeFi. These statements, along with stablecoin regulations and private sector developments, strengthened interest in Ethereum.
Ethereum Derivative Transactions Surpass Bitcoin
The derivative trading volume of Ethereum exceeded 106 billion dollars, surpassing Bitcoin's trading volume of 80.5 billion dollars on the same day. According to Coinglass data, this reflects the increasing interest of institutional investors in the ETH ecosystem.
The ETH price rose above $2,800 on Wednesday, reaching its highest level since February, but it was trading at $2,769 after a 0.34% drop in the last 24 hours.
The Pectra upgrade implemented at the beginning of the year addressed structural issues such as scalability and cost efficiency of the Ethereum network, revitalizing developer interest.
*This is not investment advice.
Follow our Telegram group, Twitter account, and Youtube channel immediately for exclusive news, analyses, and on-chain data! Also, start live price tracking right away by downloading our Android and IOS applications!