On August 21, iShares Ethereum Trust ETF rose 5.15% in after-hours trading, trading at $19.17/share, with turnover of $38.53 million.

On the news front, the broader cryptocurrency market continued its strong rally, with Ethereum spot prices surging past $2,250 after breaking through the $2,000 level for the first time in three months. Bitcoin ETFs recorded $606.3 million in net inflows on August 20, marking a three-month single-day high and the fourth consecutive day of positive flows, with BlackRock IBIT alone attracting $503 million.

The rally was fueled by massive short liquidations exceeding $1.1 billion within one hour across major exchanges, including $407 million in ETH-related positions. ETH network-wide contract open interest surged 11.15% in 24 hours to $29.18 billion. Multiple on-chain whales were observed aggressively accumulating ETH positions totaling tens of millions of dollars, while institutional fund flows into crypto ETFs signaled strengthening confidence in the digital asset space.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)