Key Notes
- Sharplink funded the large ETH buy by $537 million in fairness choices throughout August’s rally interval.
- The corporate launched ETH Focus metric to assist traders monitor publicity per diluted share excellent.
- Latest Ethereum ETF outflows of $255.9 million counteracted institutional shopping for stress on ETH worth motion.
Sharplink Gaming, the second-largest Ethereum
BTC
$112 805
24h volatility:
2.2%
Market cap:
$2.24 T
Vol. 24h:
$46.60 B
treasury investor behind Bitmine, has expanded its holdings with a contemporary $667.2 million buy.
Based on the agency’s newest disclosure on Tuesday, Aug. 19, the corporate acquired 143,593 ETH at a mean worth of $4,648, elevating its whole treasury to 740,760 ETH price $3.1 billion at press time.
NEW: SharpLink acquired 143,593 ETH at ~$4,648, bringing whole holdings to 740,760 ETH
Key highlights for the week ending Aug 17, 2025:
→ Raised $537M by ATM and direct choices
→ Added 143,593 ETH at ~$4,648 avg. worth
→ Staking rewards: 1,388 ETH since June 2 launch… pic.twitter.com/GSe6XzSAwW— SharpLink (SBET) (@SharpLinkGaming) August 19, 2025
The funding was funded by $537 million raised through at-the-market (ATM) and direct choices, making Sharplink one of the crucial aggressive consumers throughout Ethereum’s August rally.
Since launching its Ethereum accumulation technique on June 2, the corporate has additionally earned 1,388 ETH in staking rewards.
Sharplink Gaming Ethereum Holdings Abstract as of Aug. 19, 2025 | Supply: traders.sharplink.com
The corporate additionally launched a brand new transparency metric referred to as “ETH Focus.” This determine divides Sharplink’s ETH holdings by each 1,000 assumed diluted shares excellent, which incorporates issued widespread inventory together with shares that may be generated if all warrants, choices, and restricted models have been exercised.
Based on the agency, this metric will enable traders to raised assess ETH-per-share publicity alongside NAV development.
On the similar time, Sharplink confirmed greater than $84 million in money reserves stay undeployed, hinting at additional ETH purchases within the close to time period. This strategic buildup indicators the corporate’s long-term dedication to Ethereum as each a treasury asset and a staking income generator, at the same time as market volatility intensifies.
Ethereum ETF Promote-Offs Weigh Down Value Motion
Regardless of Sharplink’s aggressive accumulation, Ethereum’s worth efficiency has been muted. ETH worth declined 3% intraday on Tuesday, sliding to $4,182 and lengthening its losses to 13% since final week’s peak of $4,831.
Whereas new traders like Sharplink Gaming proceed to make purchases, very important market information reveals the bullish affect is now being nullified by outflows from different US-based company entities.
Ethereum ETF Flows, August 2025 | Farside Buyers
Based on the newest data from Farside Investors, Ethereum exchange-traded funds (ETFs) have recorded back-to-back redemptions of $59 million on Friday and $169 million on Monday.
The latest $255.9 million ETH ETF withdrawals ended a streak of eight consecutive periods of inflows that had beforehand netted $3.7 billion and helped gasoline Ethereum’s 42% rally earlier this month.
This divergence has blunted the affect of Sharplink’s newest treasury purchases on ETH worth motion, leaving ETH susceptible to short-term declines. It stays to be seen if institutional demand persists to soak up sell-side stress and stop bears from driving Ethereum beneath the $4,000 mark because the week unfolds.
Ethereum Momentum Fuels Curiosity in Token6900
Ethereum’s market turbulence has additionally sparked consideration for brand spanking new initiatives rising round its ecosystem, together with Token6900, a community-driven memecoin mission.
The mission’s tokenomics reveals a complete provide of 930,993,091 tokens and a tough cap of $5 million, with builders locking 6,900 tokens for 5 years to exhibit long-term dedication.
Token6900 Presale
As Ethereum continues to draw institutional treasuries to cushion worth corrections this week, the Token6900 presale has raised $2.3 million as strategic traders may swap focus to newly launched initiatives like Token6900 to mitigate draw back dangers.
Go to the Token6900 official presale website to get in early earlier than the following worth replace.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market situations can change quickly, we encourage you to confirm info by yourself and seek the advice of with knowledgeable earlier than making any selections primarily based on this content material.
Ibrahim Ajibade is a seasoned analysis analyst with a background in supporting varied Web3 startups and monetary organizations. He earned his undergraduate diploma in Economics and is at the moment learning for a Grasp’s in Blockchain and Distributed Ledger Applied sciences on the College of Malta.
