Bybit & Block Scholes Report: Ethereum Nearing ATH Driven by $1B ETF Inflows

A new report from Bybit, the world’s second-largest cryptocurrency exchange, in collaboration with Block Scholes, dives deep into market trends impacting crypto markets. The analysis sheds light on Ethereum’s (ETH) recent surge towards its all-time high, fueled by record institutional investment and a historic $1 billion inflow into ETH Spot ETFs on August 11, 2025. This influx, driven by firms like SharpLink Gaming and BitMine Immersion Technologies, which has surpassed the 1 million ETH milestone.