BTC Pullback Spur Rotation to ETH: ETF Flows & On-Chain Signals
For August 2025, Bitcoin drop from around $123,000 happen as whale dem dey carry plenty Bitcoin go exchange and Bitcoin ETF withdrawals reach $233.57 million. At the same time, Ethereum ETF money full reach about $2.9 billion, including one day record of $299.93 million wey BlackRock iShares lead.
On-chain data show say institution people dey shift: Bitcoin pressure make 36% more retail people dey sell, and big BTC dey enter exchange custody. But Ethereum network dey grow with more transactions, more gas use, plus Layer 2 throughput, as big wallets still dey collect ETH steady steady.
Macro catalysts get big role. Federal Reserve stance wey soft for Jackson Hole make people dey risk more, dem direct money go growth crypto assets like Ethereum. Traders suppose dey watch ETF flows, exchange custody changes, and Layer 2 adoption to see if more rotation dey come, and fit think about adjusting portfolio because BTC get short-term weakness but ETH confidence come back strong.
Bullish
Di way dem report say money dey move comot for Bitcoin go enter Ethereum mean say institution people dem don change wetin dem like, e dey because plenty ETH ETF money wey dem put inside (~$2.9 billion) compare to only $233.57 million wey dem comot for BTC ETF. For past, whenever ETF money balance come like this, e mean say price fit go big chung—Bitcoin ETF money wey comot for early 2022 show say price go drop small later, while big ETH money wey enter near Shanghai upgrade for 2023 show say ETH price go rise. The on-chain proof still dey support dis: more Bitcoin deposit for exchange and retail sellers dem dey act like old selling waves, while more Ethereum transaction, Layer 2 adoption and wallet gathering na similar to one time way dem dey build before big price rise.
Short term, traders fit continue to see BTC price pressure as money dey comot from spot and ETF product dem. But Ethereum fit enjoy new institution confidence, fit make e price push higher. Long term, if ETF money still dey come and network still dey grow, e fit fix bullish view for ETH against BTC wey fit remain neutral or negative, meaning say traders fit put more weight on ETH inside their diversified portfolio.