Ethereum-based exchange-traded funds (ETFs) saw a significant outflow of $430 million on August 19, 2025, marking the second largest event in its history. This move comes amidst a broader market correction marked by declining cryptocurrency prices and investor risk aversion. While ETFs experienced outflows, on-chain data revealed an influx of $714 million in stablecoin deposits into Ethereum’s network, indicating strong institutional interest. 51.73 billion worth of transactions were processed on the Ethereum blockchain, trailing only Bitcoin. 20.69% closer to Bitcoin’s volume as Ethereum continues to grow and evolve as a transactional network. Despite this downturn, market observers note that Ethereum may be positioned for further price gains in the coming days.