Ethereum

BlackRock opened the week of March 23 with more than $77 million in net withdrawals across its two spot crypto ETFs. On Monday, iShares Bitcoin Trust (IBIT) posted a 658 BTC outflow (about $46 million), while iShares Ethereum Trust (ETHE) recorded a 14,802 ETH outflow worth roughly $31.74 million.

Aave DAO has approved an Aave Request for Comment (ARFC) snapshot vote to kick off community discussion on deploying Aave V4 to Ethereum mainnet, with a rollout expected this year. The vote ran four days and closed with 100% support, starting a non-binding phase before any onchain Aave Improvement Proposal and deployment. V4 introduces a modular Hub-and-Spoke design and deeper integration of the GHO stablecoin, as the protocol navigates contributor changes including planned exits by BGD Labs and Aave Chan Initiative.

Ethereum (ETH) traded in the low-$2,000s as spot Ethereum ETFs recorded about $138.2 million in net inflows in the latest session. Separately, Bitmine was reported to have staked roughly 94,670 ETH, while an inactive whale allegedly bought around 50,706 ETH (about $111 million) via two wallets. Traders are watching $2,100–$2,200 as a key zone, with mid-$2,400s framed as an upside reclaim level.

Bitmine Immersion Technologies said its Ethereum position has surpassed 4.66 million ETH, valued at about $9.6 billion, alongside $1.1 billion in cash for roughly $11 billion in total crypto and cash. The company added 65,341 ETH (around $138 million) over the past week and has already staked more than 3.14 million ETH, a level it expects could generate about $272 million per year at current yields.

CoinShares reported that institutional crypto products recorded $230 million of net inflows over the week, following a burst to $635 million in the first two days. After the FOMC meeting, flows swung to $405 million of outflows before easing by Friday, while Bitcoin led with $219 million and Ethereum posted $27.5 million in outflows.

On March 23, 2026, Jim Cramer said market momentum had shifted to bulls as Bitcoin reversed sharply and pushed above $71,000. The move set off a broad short squeeze, with liquidations reaching $810.75 million over 24 hours and more than $300 million in BTC shorts in four hours. Bitcoin and Ethereum instruments each accounted for roughly $253 million in liquidations.

XRP flipped a three-week stretch of outflows and posted $2.91 million in weekly inflows, surpassing Ethereum, which saw $27.5 million in weekly outflows. Digital asset investment products took in $230 million last week, while Bitcoin led with $219 million. XRP traded at $1.42 after gaining 1.8% over the past day, though it was down 3.9% over the past week.

The crypto market rebounded over the past 24 hours, lifting total market capitalization to $2.44 trillion, about $100 billion above the $2.34 trillion level from 24 hours earlier. Bitcoin led the move, rising about 4.05% to around $71,545 after regaining $70,000 and $71,000, while Ethereum advanced 4.97% to roughly $2,181.

Digital asset investment products took in $230 million in net inflows for the week ended March 21, after tallying $635 million in the first two days. Midweek, flows flipped as markets read the FOMC meeting as a "hawkish pause," leading to $405 million of outflows. Bitcoin products captured most activity with $219 million of inflows, while Ethereum funds saw $27.5 million of outflows.

Bitmine Immersion, chaired by Tom Lee, reported Monday that it added 65,341 ETH since its March 16 update, lifting holdings to 4,660,903 ETH and putting total crypto and cash at $11 billion. The company said its ETH position is about 3.86% of circulating supply, while Lee argued ETH is in the final phase of a "mini-crypto winter" after recent outperformance.