![[LIVE] Recent Crypto Updates, August 12 – Ethereum ETFs Achieve $1 Billion Inflow: Which Altcoin Is the Best Purchase?](https://i1.wp.com/99bitcoins.com/wp-content/uploads/2025/08/IMG_0844-300x208.png?w=770&resize=770,470&ssl=1 "[LIVE] Recent Crypto Updates, August 12 – Ethereum ETFs Achieve $1 Billion Inflow: Which Altcoin Is the Best Purchase?")
[LIVE] Recent Crypto Updates, August 12 – Ethereum ETFs Achieve $1 Billion Inflow: Which Altcoin Is the Best Purchase?
On August 11, the buyer interest for U.S. spot Ethereum ETFs skyrocketed, resulting in total net inflows reaching $1.019 billion. Leading the pack was BlackRock’s ETHA, which attracted $640 million alone. Spot BTC ETFs also delivered impressive figures, reporting $178 million in net inflows, with BlackRock’s IBIT contributing $138 million to this amount. Despite the strong performance of the ETFs, the overall crypto market softened yesterday, as Bitcoin’s price dipped to approximately $118K, leaving various sectors facing declines. Investors are now inquiring about the top non-BTC crypto to purchase in this trading market context.
BREAKING
TOTAL $ETH ETF INFLOWS HAVE SURPASSED $1 BILLION TODAY FOR THE FIRST TIME IN HISTORY
ENORMOUS BULLISH MOMENTUM BUILDING FOR Ethereum!
— DustyBC Crypto (@TheDustyBC) August 12, 2025
DISCOVER: Top New Cryptocurrencies to Invest in 2025
Best Alternative coin To Purchase? PUMP Is Finally Bouncing Back After Weeks of Decline
(PUMPUSDT)
A surprising contender making waves is PRICE SURGE. It is indeed proving true to its title. After a period of lagging behind, the crypto token is making a comeback. While it is still trading below its presale price, it has risen more than 60% from its all-time low of $0.0022, currently around $0.0036. This rally has drawn the interest of traders, particularly as the fundamentals are on the rise.
The platform has achieved a $500 million annual revenue run rate this week, with the entirety of that revenue allocated to repurchasing PUMP from the crypto market. This aggressive buyback approach, alongside its current $3.5 billion fully diluted trading market valuation, strengthens the recovery narrative.
With the inflows into ETH ETFs indicating renewed institutional interest in crypto, and Bitcoin ETFs also drawing consistent investments, some traders believe there is potential for high-beta assets like BULL RUN to excel if the crypto market rebounds.
Ripple Prevails: SEC Concludes Lawsuit, Shifts Focus to Establishing Clear Crypto Framework
The U.S. SEC has officially closed its lawsuit against Ripple, which accused the company of generating $1.3 billion through unregistered XRP sales. Commissioners Hester Peirce and Paul Atkins indicated that the agency will now focus on crafting a clear regulatory framework for cryptocurrencies to promote innovation while safeguarding investors. Atkins tweeted on X, supporting Peirce’s perspective, mentioning that the resolution of this case enables the SEC to shift its focus from litigation to policymaking. This transition signals a potential shift in the agency’s stance on crypto asset crypto law, hinting at clearer guidelines for the digital asset sector.
The post [LIVE] Latest Crypto News, August 12 – ETH ETFs Ledger $1 Billion Inflow: Best Alternative coin To Buy? appeared first on 99Bitcoins.
