Global #Ethereum

Spot Bitcoin exchange-traded funds (ETFs) saw a significant increase in investor interest on Tuesday, with net inflows of $332.7 million, according to data from SoSoValue.

While the Ethereum Foundation (EF) is strategically selling a portion of its holdings, other major players are aggressively accumulating ETH.

SharpLink Gaming (SBET) has significantly increased its Ethereum (ETH) holdings, acquiring over $176 million worth of ETH in the last week of August.

Ethereum is set to retire its Holesky testnet two years after its launch, marking the end of its utility for developers.

The crypto market is facing significant uncertainty as it enters September.

Bitcoin is struggling to stay above its short-term holder cost basis of around $108,000. The price is facing downward pressure due to expected U.S. Treasury borrowing, which could reduce dollar liquidity.