%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment - Ethereum ETFs post $1.2B inflows as staking hits record levels, outpacing Bitcoin's monthly performance - Solana gains 7% with DEX volumes up 31%, though active trader count shows signs of decline %Ethereum (CRYPTO: $ETH ) has outpaced %Bitcoin (CRYPTO: $BTC ) in recent weeks, supported by record inflows into exchange-traded funds (ETFs) and increased staking activity. The second-largest %Cryptocurrency by market capitalization gained more than 17% in the past month, while Bitcoin retreated 5.5% during the same period, according to %CoinGecko data. After a period of outflows in mid-August, spot Ethereum ETFs have registered a strong rebound. Between August 15 and August 20, funds recorded $237.7 million in withdrawals, but sentiment shifted quickly. By Thursday of this week, Ethereum ETFs had attracted more than $1.2 billion in inflows, data from SoSoValue shows. The increase comes as investors reassess Ethereum's position in the market compared to Bitcoin. While Bitcoin continues to dominate overall liquidity, Ethereum's relative strength has been clear in August, highlighted by its ability to reach an all-time high of \$4,945 on Sunday. Staking Activity Reaches New Record On-chain participation also confirms Ethereum's expanding role in the market. Data from Beaconchain shows staking activity climbed to a record 35,750 ETH on August 2, worth approximately $169 million at the time. The figure marks the highest level this year, signaling ongoing demand for validator participation despite the lack of regulatory clarity for staking-based investment products. The U.S. Securities and Exchange Commission has yet to approve any Ethereum staking ETFs, though asset managers including BlackRock have pending applications. For now, spot-based products remain the focal point for institutional inflows. Solana Shows Parallel Growth Elsewhere, %Solana (CRYPTO: $SOL ) registered a 7% increase over the same 30-day period. The gain was accompanied by a surge in decentralized exchange (DEX) trading volumes, which rose 31% in a week to reach $5.10 billion, according to DeFiLlama. However, the token continues to face pressure from a decline in the number of active DEX traders, suggesting mixed signals for broader market participation. Ethereum's strong ETF inflows and elevated staking levels position it differently from Bitcoin during the current market lull. With Bitcoin slipping and Ethereum testing new highs, institutional demand remains a defining factor shaping price performance.