Bitcoin to Ethereum conversion accelerated after a Bitcoin OG sold BTC and purchased over $3 billion of ETH, acquiring roughly 800,000 ETH (much of it staked). This move coincided with $3.87B of U.S. spot Ethereum ETF inflows in August, signaling increased institutional demand for Ether.
Whale swap: $3B+ BTC sold to buy ~800,000 ETH, increasing ETH treasuries and staking.
U.S. spot Ethereum ETFs recorded $3.87 billion net inflows in August, led by large purchases.
Public companies now hold over 3 million ETH collectively; Bitcoin ETF flows cooled with net outflows.
Bitcoin to Ethereum conversion surges as a Bitcoin OG shifts $3B+ from BTC to ETH; U.S. spot ETH ETFs saw $3.87B inflows in August—read market impact and next steps.
A Bitcoin OG converts over $3 billion BTC to ETH, boosting Ethereum holdings past $4B as institutions follow with rising ETF inflows.
- A Bitcoin OG has converted over $3 billion in BTC to ETH, amassing 800,000+ Ethereum, mostly staked for rewards.
- U.S. spot Ethereum ETFs saw $3.87 billion in net inflows in August, led by BlackRock’s $968M Ether acquisition.
- Institutional BTC demand declines as ETH treasuries grow, with public companies accumulating over 3 million Ether.
A Bitcoin OG intensified a capital rotation from Bitcoin to Ethereum by selling BTC and acquiring more than $3 billion of Ether in recent days. On-chain records for Sunday, August 31, 2025 show the investor bought 96,859 ETH (about $433 million) after selling 4,000 BTC.
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The whale also deposited 3,000 BTC to exchanges prior to the purchase and had previously sold 1,000 BTC, converting portions through the Hyperliquid platform. The holder’s cumulative position now exceeds 800,000 ETH, valued near $4 billion, with a substantial share moved into staking contracts to earn rewards.
Bitcoin to Ethereum conversion appears driven by large on-chain BTC-to-ETH swaps by an influential investor and mounting institutional flows into Ethereum products. The immediate catalyst was a concentrated sell of BTC followed by coordinated ETH purchases, confirmed on-chain on August 31, 2025.
U.S. spot Ethereum ETFs recorded $3.87 billion in net inflows for August. BlackRock’s ETHA led with a $968.2 million buy. These inflows reduced exchange ETH reserves and created sustained buy pressure from institutional allocation strategies.
Public firms are increasing ETH allocations to diversify reserves and capture staking yields. Market data shows 11 public companies, led by BitMine and SharpLink, hold a combined 3,041,192 ETH for treasury purposes. Corporate strategies cite yield generation and balanced crypto exposure.
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Source: https://en.coinotag.com/major-btc-to-eth-conversion-may-signal-institutional-shift-toward-ethereum-as-etfs-see-billions-in-inflows/