On August 11, U.S. spot Ethereum ETFs saw a huge surge in demand, with total net inflows hitting $1.019 billion. BlackRock’s ETHA led the charge, pulling in $640 million on its own. Spot Bitcoin ETFs also posted strong numbers, with $178 million in net inflows, of which BlackRock’s IBIT accounted for $138 million. Despite the ETF strength, the broader crypto market eased back yesterday as Bitcoin’s price retraced to around $118K, leaving several sectors in the red. Investors are now asking what’s the best altcoin to buy in this environment.
BREAKING
TOTAL $ETH ETF INFLOWS TOP $1 BILLION TODAY FOR THE FIRST TIME EVER
HUGE BULLISH MOMENTUM BUILDING FOR ETHEREUM!
pic.twitter.com/Npjt79UsI5
— DustyBC Crypto (@TheDustyBC) August 12, 2025
DISCOVER: Best New Cryptocurrencies to Invest in 2025
Best Altcoin To Buy? PUMP Is Finally Reversing After Weeks Of Downside
(PUMPUSDT)
One surprising candidate making headlines is PUMP. Yes, it’s finally living up to its name. After weeks of underperformance, the token is staging a comeback. While the price remains below its presale level, it’s up more than 60% from its all-time low of $0.0022, now trading around $0.0036. The move has caught traders’ attention, especially as fundamentals are improving.
The platform has hit a $500 million annual revenue run rate this week, with 100% of that revenue being used to buy back PUMP from the market. That aggressive buyback strategy, combined with the current $3.5 billion fully diluted valuation, is adding fuel to the recovery narrative.
With Ethereum ETF inflows signaling renewed institutional appetite for crypto, and Bitcoin ETFs also attracting steady capital, some traders see room for high-beta plays like PUMP to outperform if the market turns back up.
Ripple Triumphs: SEC Ends Lawsuit, Turns to Building Clear Crypto Framework
The U.S. SEC has officially closed its lawsuit against Ripple, which accused the company of raising $1.3 billion via unregistered XRP sales. Commissioners Hester Peirce and Paul Atkins stated the agency will now focus on creating a clear crypto regulatory framework to encourage innovation while ensuring investor protection. Atkins posted on X, endorsing Peirce’s view, saying the conclusion of this case allows the SEC to redirect its efforts from litigation to policy-making. The shift marks a potential turning point in the agency’s approach to crypto regulation, signaling a move toward clearer rules for the digital asset industry.
The post [LIVE] Latest Crypto News, August 12 – ETH ETFs Record $1 Billion Inflow: Best Altcoin To Buy? appeared first on 99Bitcoins.
