ethereum

According to market news, as of the time of writing, Bitcoin ETFs have seen a net outflow of 2,414 BTC (worth $160.71 million), with a net outflow of 7,194 BTC (worth $479 million) over the past 7 days; Ethereum ETFs have experienced a net outflow of 57,543 ETH (worth $110.83 million), with a net outflow of 65,691 ETH (worth $126.52 million) over the past 7 days; SOL ETFs have had a net inflow of 73,731 SOL (worth $6.12 million), with a net inflow of 155,080 SOL (worth $12.87 million) over the past 7 days.

According to analyst Darkfost, Ethereum's continued pullback has put immense pressure on holders, with the unrealized profit margins of all categories of whale groups now turning negative. Historically, this state of pressure often signals a mid-term bottom. Among them: the unrealized profit margin for whales holding 1k - 10k ETH is -0.21; for whales holding 10k - 100k ETH, it is -0.18; and for whales holding 100k+ ETH, it is -0.08. Darkfost stated that considering Ethereum's price has not even dropped back to last April's low, this is indeed a rather surprising development. If Ethereum's price continues to decline, these whales may find themselves in serious trouble and could even be forced to capitulate and sell off their large holdings of Ethereum.

According to Coinglass data, if Ethereum breaks through $2000, the cumulative short liquidation intensity on major CEXs will reach $423 million. Conversely, if Ethereum falls below $1900, the cumulative long liquidation intensity on major CEXs will reach $582 million.Note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.

Bitmine disclosed that the total amount of Ethereum staked has surpassed 3 million coins, with the current staking amount accounting for approximately 69% of its 4.37 million ETH holdings.According to market news, as of February 13, 2026, Bitmine's average daily trading volume over the past 5 days reached 900 million USD, ranking 158th among 5,704 listed stocks in the United States, ahead of CBRE Group, Inc. (ranked 92159).

According to SoSoValue data, yesterday (Eastern Time, February 19), the total net outflow of Ethereum spot ETFs was $130 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF ETHA, with a net outflow of $96.7977 million. Currently, the historical total net inflow of ETHA has reached $11.873 billion.The second highest was the Grayscale Ethereum Trust ETF ETH, with a single-day net outflow of $18.4365 million. Currently, the historical total net inflow of ETH has reached $1.702 billion.As of the time of publication, the total net asset value of Ethereum spot ETFs is $11.004 billion, with an ETF net asset ratio (market value as a percentage of total Ethereum market value) of 4.67%. The historical cumulative net inflow has reached $11.525 billion.

According to Decrypt, the Ethereum treasury company Sharplink announced that its Ethereum holdings have grown to approximately 867,000 ETH (worth about $1.68 billion), and by the end of 2025, the proportion of shares held by institutional investors has risen to 46%.Sharplink has updated its brand image, changing its name from Sharplink Gaming to Sharplink, and adopting "Ethereum with an edge" as its new slogan to better reflect its positioning in the treasury space. The company's CEO Joseph Chalom stated that Sharplink has staked nearly all of its Ethereum holdings to generate yield and emphasized the company's focus on disciplined execution and institutional-level risk management.Despite the price of Ethereum dropping over 60% since its peak last August, resulting in a paper loss of approximately $1.39 billion for Sharplink, the company remains focused on long-term value creation rather than aggressive asset accumulation strategies. Currently, Sharplink ranks second in Ethereum treasury holdings, only behind BitMine Immersion Technologies, which holds approximately $8.5 billion in Ethereum.

Vitalik Buterin posted on the X platform, stating that there is an important synergy between the FOCIL mechanism and the account abstraction proposal Ethereum's EIP-8141 (based on 7701). EIP-8141 elevates smart accounts (including multi-signature, quantum-resistant signatures, key changes, Gas sponsorship, etc.) to "first-class citizens," meaning that operations from these accounts can be directly packaged as on-chain transactions without additional encapsulation.At the same time, privacy protocols can achieve a multi-tenant account model through the paymaster or 2D nonce mechanism, thereby gaining the same level of native support. FOCIL provides a censorship-resistant fast transaction inclusion mechanism. With the combination of both, various transactions, including smart wallet transactions, Gas sponsorship transactions, and privacy protocol transactions, can be included in blocks by one of the 17 roles (proposers or inclusions) randomly selected for each time slot.Vitalik stated that this design can ensure that transactions are almost guaranteed to be completed on-chain within 1-2 time slots in adversarial environments. In the current version, each FOCIL volume is approximately 8kB, which is relatively small, but there is a path for future expansion that could support most transactions in a block entering through the FOCIL channel. This architecture is similar in characteristics to the multi-parallel proposer (MCP) design, but differs in that FOCIL does not control the "last look" related to MEV, which is still allocated through the ePBS auction mechanism.Vitalik emphasized that even if 100% of block time slots are monopolized by adversarial parties through the proposer-builder separation (PBS) mechanism, refusing to connect to the public mempool or discriminating against specific applications, FOCIL can still ensure that all transactions receive fast inclusion. Although this design does not eliminate the centralization risk of the proposer role, it significantly weakens its power. Under the EIP-8141 framework, transactions from smart wallets or privacy protocols can be directly received by FOCIL inclusions through the public mempool without additional intermediaries or encapsulation processes.Vitalik concluded that Ethereum is accelerating the advancement of core architecture upgrades.

Ethereum co-founder Vitalik Buterin responded to Sigil on the X platform, stating that extending the feedback distance between humans and artificial intelligence is not a good thing. This trend often leads to AI generating low-quality content rather than truly solving real human problems, and it has not achieved good optimization even at the level of entertainment experience.Vitalik further warned that once AI develops to a sufficiently powerful and potentially dangerous stage, such developmental paths could maximize the risk of irreversible anti-human outcomes, even leading the promoters themselves to feel regret. The goal of Ethereum is to grant freedom to humanity, not to create a self-operating system that leaves human conditions unchanged or even worsened.Additionally, Vitalik Buterin pointed out that current mainstream models operate on centralized infrastructure such as OpenAI and Anthropic, which is not true self-sovereignty. This disregard for centralized trust assumptions is contrary to the principles that Ethereum opposes.The trend of exponential technological growth itself is difficult to stop; therefore, the core task of the current era is not to further accelerate exponential expansion, but to guide its direction of development, avoiding the system sliding into uncontrollable or undesirable attractor states.ChainCatcher previously reported that X user @0xSigil announced on the X platform the construction of an AI system capable of autonomously generating income, self-improvement, and replication without human intervention. This technology aims to provide AI with "write" permissions to the world and supports a "new network" composed of exponentially growing sovereign AIs.The author introduced the concept of "WEB 4.0" in related discussions, defining it as the stage of the birth of superintelligent life. This system demonstrates the technological path for AI to achieve self-sustainability and evolution.Moreover, both Solana and Ethereum have retweeted this post, stating that the technology is closely related to the project.

According to market news, New York-based crypto investment firm DBA has raised $68 million for its second venture capital fund.Previously, the company raised $50 million for its first fund in 2023. DBA was co-founded by former Galaxy Digital co-head of investments Michael Jordan and well-known Ethereum commentator Jon Charbonneau, and has invested in protocols such as DoubleZero and Monad, stablecoin application Payy, ICO financing platform MetaDAO, and Bitcoin scaling solutions.

The Ethereum Foundation has announced the establishment of the Platform Team, aimed at building the most powerful Ethereum platform possible, enabling better support for users, applications, and all organizations built on Ethereum at both the L1 and L2 layers.Improving the relationship between L1 and L2 layers to create a mutually reinforcing system across various levels. The Foundation stated that since the introduction of the rollup-centric roadmap five years ago, a chain ecosystem has developed around the Ethereum L1 layer. The early rollup mindset has been replaced by differentiated L2 layer networks, each possessing unique and valuable economic systems, thereby extending Ethereum's core characteristics to millions of users.As Ethereum matures, the Foundation believes that more measures must be taken to build a unified platform that can fully leverage the unique advantages of the Ethereum system (L1 + L2). This includes enhancing the value proposition of L2, optimizing the adoption drivers for L2, enabling it to create value for Ethereum more broadly, guiding the ecosystem towards a more secure, permissionless architecture, and simplifying the process for users and institutions to adopt Ethereum.More importantly, building a strong Ethereum means driving technological improvements to reinforce and enhance Ethereum's core characteristics and unique advantages.

According to SoSoValue data, yesterday (Eastern Time, February 18) the total net outflow of Ethereum spot ETFs was $41.8274 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF ETHA, with a single-day net outflow of $29.9343 million. Currently, ETHA has a historical total net inflow of $11.970 billion.The second was the Fidelity ETF FETH, with a single-day net outflow of $8.2252 million. Currently, FETH has a historical total net inflow of $2.479 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $11.121 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 4.75%. The historical cumulative net inflow has reached $11.655 billion.

According to official news, the Ethereum Foundation has released the 2026 protocol priority update, which indicates that it will advance along three tracks: scalability (integrating L1 execution with Blob scaling), improving user experience (focusing on native account abstraction and cross-chain interoperability), and strengthening the L1 layer (enhancing security, censorship resistance, and network resilience).Moreover, the Ethereum Foundation stated that it will continue to push the Gas Limit to 100M and above, promote ePBS and further Blob parameter adjustments, advance the zkEVM attester client, as well as work on censorship resistance and post-quantum security; the next major upgrade, Glamsterdam, is targeted for the first half of 2026, with Hegotá planned for follow-up later in the year.

According to The Block, Coinbase's incubated Ethereum Layer 2 network Base has announced its separation from Optimism's Superchain ecosystem, shifting to a unified tech stack operated by Base, and abandoning external dependencies on OP Stack as well as Flashbots and Paradigm.This change aims to reduce the coordination overhead of maintaining code across multiple teams, simplifying the system through optimizations based on open-source components like Reth, while maintaining the "Stage 1" rollup status. It plans to be temporarily compatible with OP Stack, but future hard forks will require migration to the new Base client. The upcoming hard fork includes Base V1 (supporting Fusaka and switching to TEE/ZK proofs), and subsequent versions will synchronize with the Ethereum Glamsterdam upgrade; the blog emphasizes the protocol's openness and welcomes alternative implementations.

According to The Block, Coinbase's Ethereum Layer 2 network Base announced that it will no longer rely on Optimism's OP Stack and Superchain architecture, instead opting for a "unified stack" operated independently by Base.According to the official blog, Base will integrate core components that were previously scattered across multiple teams and code repositories (including key modules like the sequencer) into a unified codebase "base/base" to reduce coordination and maintenance costs, and to optimize deeply for its own needs.At the same time, Base will also reduce its external dependencies on Flashbots, Paradigm, and others. In terms of governance, Base will adjust the security committee structure, replacing the original Optimism-related seats with newly added independent signers.Despite the shift towards an autonomous technical architecture, Base stated that the protocol will remain open source and publicly standardized, welcoming third-party developers to create independent clients and maintain cross-upgrade compatibility. Base is currently the largest network in the OP Stack Superchain ecosystem.

According to SoSoValue data, yesterday (Eastern Time, February 17) the total net inflow for Ethereum spot ETFs was $48.6305 million.The Ethereum spot ETF with the highest single-day net inflow yesterday was the Blackrock ETF ETHA, with a single-day net inflow of $22.8947 million. Currently, the historical total net inflow for ETHA has reached $12 billion.Following that is the Fidelity ETF FETH, with a single-day net inflow of $14.4129 million. Currently, the historical total net inflow for FETH has reached $2.488 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $11.467 billion, with an ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) of 4.76%. The historical cumulative net inflow has reached $11.697 billion.

According to Forbes, over the past few weeks, the price of Ethereum has continued to fluctuate narrowly around $2,000. Several market observers have pointed out that this reflects Ethereum being caught in a "narrative gap."Analyst Callan Sarre stated, "For the past few years, the story of Ethereum has been simple—L2 carries the scale, while the base layer remains lean and secure. Now, L2 has processed billions of dollars in weekly trading volume, with fees dropping over 90%, but the question is where long-term value accumulates." The market is pushing zero-knowledge technology and privacy features closer to the base layer, "for traders clinging to old models, it feels like the ground is shifting beneath their feet."Sarre emphasized the contradiction between transparency and institutional demand: "Today, every Ethereum transaction is completely public and transparent, which doesn't work for CFOs managing corporate treasuries or funds deploying nine-figure positions. If Ethereum is to attract trillions in institutional capital, privacy must be built into the protocol layer."Grayscale began distributing staking rewards to U.S. Ethereum ETF holders in January, and BlackRock has also applied for its staking ETH fund. PrimeXBT senior market analyst Jonatan Randin stated, "This changes the nature of Ethereum ETFs—not just price exposure, but income-generating products." He emphasized that the growth of the options market is reshaping the asset's volatility characteristics, "the options market around spot ETFs introduces dynamics like covered calls and dealer hedging that didn't exist two years ago."

According to the SEC's 13G filing, as of December 31, 2025, Peter Thiel has completely exited his stake in the Ethereum treasury company ETHZilla, reducing his holdings from 7.5% (approximately 11.59 million shares) to 0%.Peter Thiel was once an important backer and major shareholder of ETHZilla. The news of Thiel's investment caused ETHZ's stock price to surge several times, and this event was seen as one of the signals of Thiel's optimism towards the Ethereum ecosystem.However, as the cryptocurrency market continued to weaken, ETHZilla announced successively that it would sell coins to pay off debts and sell coins to purchase aerospace engines for its leasing business, and it has clearly stated that it will no longer use the treasury model of accumulating ETH as its main business.

According to Bloomberg analyst James Seyffart, the latest filing for BlackRock's Ethereum ETF (ticker ETHB) has been released. The filing includes an annual expense ratio of 0.25%. Additionally, BlackRock will retain 18% of the total staking revenue from the Ethereum ETF as staking fees.

The total value of tokenized real-world assets issued on the Ethereum blockchain has surpassed $17 billion, with large institutions like BlackRock and JPMorgan continuously bringing traditional funds on-chain. This figure represents an increase of nearly 315% compared to a year ago, further solidifying Ethereum's dominant position as the leading blockchain in the tokenized finance sector.Currently, Ethereum accounts for approximately 34% of the total value of all RWA on-chain across networks. The total market capitalization of stablecoins on the Ethereum mainnet has also climbed to over $175 billion, highlighting the network's role as a primary settlement layer for dollar-denominated token assets.

According to data from Token Terminal, the total market capitalization of RWA assets on the Ethereum chain (including tokenized funds, tokenized commodities, and tokenized stocks) has exceeded $15 billion, with a year-on-year growth of approximately 200%.