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US Bitcoin and Ethereum ETFs face $1 billion outflow amid market dip

Despite large withdrawals, crypto ETFs maintain record assets under management amid investor optimism for new products.

CryptoSlate

Aug 20

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Happy Wednesday!

US Bitcoin and Ethereum ETFs face a $1 billion outflow amid a market dip, yet crypto ETFs hold record assets under management, reflecting investor optimism for upcoming products. Ripple’s RLUSD stablecoin and a Donald Trump-linked USD1 token play key roles in Bullish’s $1.1 billion IPO settlement, signaling a shift toward blockchain-based financial solutions. Meanwhile, Polkadot is targeting Wall Street investors to narrow the gap with Ethereum and Solana through leadership changes and strategic initiatives. Dive into these top stories shaping the crypto market today.

LATEST SLATECAST 🎙️ Nemo.money’s Nicholas Scott on AI-guided investing, truthful data, and where regulation really leads

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Alph.AI × $IMG: Airdrop Challenge is LIVE!

Promoted: From August 20 to 27, 2025 (UTC+7), Alph.AI is hosting an airdrop challenge in collaboration with $IMG. Users can win a share of $1,000 by completing tasks like depositing, trading $IMG/SOL, and participating in community airdrops. Eligible activities include first-time deposits (≥10 USDT), first trades, and achieving trading volume (≥100 USDT). Rewards will be distributed within 14 working days post-event. Click below for all the details and join the airdrop!

Airdrop Challenge

The global crypto market cap is $3.87 trillion, with a 24-hour volume of $186.26 billion. The price of Bitcoin is $113,894.35, and BTC market dominance is 58.8%. The price of Ethereum is $4,267.64, and ETH market dominance is 13.4%. The best-performing sector is Debit Card, which gained 11%. The Crypto Fear & Greed Index is currently Fear (44).