Ether Beats CD20 as ETH ETFs Post Positive Inflows, DEX Tokens Rise
Many of the largest decentralized exchanges (DEX) tokens posted gains on Tuesday.
Make us preferred on Google
- Ether pulled ahead of bitcoin and the CD20 during the Tuesday trading day in Asia as ETH ETFs reversed their outflow trends.
- Many DEX tokens were also up as some of the largest protocols showed positive trends in fee generation.
Ether is up 4%, beating the CoinDesk 20 (CD20) index as inflow into the Ethereum exchange-traded funds (ETFs) picks up and the many of the largest decentralized exchanges (DEXs) show signs of growth.
Data from SoSoValue shows that daily net inflow into the U.S.-listed spot ether ETFs his $4.93 million Monday, with Grayscale's two funds posting no flows, while Fidelity's FETH hit $3.98 million in inflow, Franklin Templeton's EZET posting $1 million in inflow, and Bitwise's ETHW clocking $2.86 million in positive flow.
VanEck's ETHV was the only one that posted outflow at $2.92 million.
Meanwhile, bitcoin ETFs posted a collective daily inflow of $27.87 million. Of the lot, Grayscale's GBTC had an outflow of $11.7 million, while Bitwise's BITB had an outflow of $17 million.
CoinDesk data shows that bitcoin was trading above $59,200 during the East Asia business day, up 1.25%.
Many of the largest DEX tokens are up, helping ETH outperform BTC during Tuesday trading day. Market data shows that Uniswap's UNI is up 3.8%, DYDX is up 5.5% and Gnosis's GNO is 5.3%.
Data from DeFi Llama shows that Ethereum fees hit $40.46 million for the first half of August, while Uniswap fees hit $23.64 million for the same period, putting it on track to beat July's $47.4 million in fees, and possibly challenge June's $54 million in total fees.
Rounding out the trading day, one of the largest gains in tokens is Canto, up 41% according to CoinGecko data. The blockchain remains stuck, with data from block explorer Cantoscan showing that the last transaction was processed 16 hours ago. A fix was promised by the team for Monday, CoinDesk previously reported, but doesn't appear to have been implemented.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
需要了解的:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing
Bitcoin’s onchain data points to supply overhang and weak participation, while gold’s breakout is priced by markets as a durable macro regime shift.
需要了解的:
- Gold’s surge above $5,000 an ounce is increasingly seen as a durable regime shift, with investors treating the metal as a persistent hedge against geopolitical risk, central bank demand and a weaker dollar.
- Bitcoin is stuck near $87,000 in a low-conviction market, as on-chain data show older holders selling into rallies, newer buyers absorbing losses and a heavy supply overhang capping moves toward $100,000.
- Derivatives and prediction markets point to continued consolidation in bitcoin and sustained strength in gold, with thin futures volumes, subdued leverage and weak demand for higher-beta crypto assets like ether reinforcing the cautious tone.
