Ethereum price traded at $2,436 on August 29, slipping as tighter Federal Reserve expectations pressured digital assets. The wider cryptocurrency market lost 1.71% over 24 hours, reducing its value to $2.62 trillion.
Bitcoin price was trading below $78,000 following a slight recovery, and XRP price was trading around $1.38. Ethereum was trading between support and resistance of $2,350-$2,500 before the weekend.
Ethereum ETFs Attract $1.52 Billion During Ten-Day Inflow Streak
U.S. spot Ethereum ETFs recorded inflows of $102.18 million on August 28, the 10th straight day of net inflows. Their aggregate consumption amounted to approximately 1.52 billion in this period, which means that institutional demand was stable despite the decline in prices.
🚨 Ethereum ETFs have now posted 10 straight days of net inflows.
Over the streak, U.S. spot $ETH ETFs have attracted more than $1.5B in net inflows.
That’s a notable demand trend regardless of short-term volatility.
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The funds received the largest weekly inflow of money in years, $824.42 million, since October 2025. The best day of the streak was August 27, when it added $234.51 million to the products.
The total historical net inflows increased to 12.97 billion and combined assets increased to 15.23 billion. The funds realized 1.37 billion in trading value in the last session.
BlackRock ETF ETHA was the most demanded daily with 83.79 million and its assets increased to 8.46 billion. Still, ETHA declined 2.65% to $18.37 as trading volume reached $1.04 billion.
BlackRock’s ETHB attracted another $42.64 million and held $889.26 million in assets. The only withdrawal was that of Fidelity FETH who lost 24.26 million.
Grayscale, Bitwise, VanEck, and Franklin products recorded no daily flow changes. Every displayed Ethereum fund closed lower as Ether declined 2.33%.
Hawkish Fed Pressure Weighs on the Wider Crypto Market
ETF demand relative to risk aversion in cryptos after hawkish Fed signals. Bitcoin ETFs also recorded $201.81 million in withdrawals on August 27.
The divergence was the confirmation of strong demand for Ethereum, despite the macroeconomic squeeze that stalled immediate gains. Support now needs to be maintained against more risk reduction, which is now the weekend direction.
CLARITY Act snags in Senate following House passage. The lawmakers kept going the negotiating of ethics, anti-money-laundering and enforcement provisions.
There will be a vote to close the case on Sept. 15 that will determine if the supporters can get 60 votes. Approval would move the bill to the next calendar step by beginning debate and moving the bill to the next calendar step.
Ethereum Price Prediction for the Weekend: Will ETH Hold $ 2,400?
ETH price had been consolidating in its recent range following a rally from around $1,900 in August. The advance continued to push up through $2,200, and then hit the $2,500 mark multiple times.
The RSI was at 44.09, indicating less momentum but not oversold conditions.
The MACD line was at 0.65 and below the signal line at 12.62. The levels of bear pressure increased, as its histogram dropped to minus 11.97.
A $2,350 holding would provide support for the $2,500 stabilization attempt. A four-hour close above $2,500 would expose $2,550 and $2,600 as per the detailed ETH price analysis.
Failure to defend support could send Ethereum toward $2,300. Continued weakness would then place the stronger $2,200 support area at risk.
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