During the week of July 20 to 24, U.S. spot crypto ETFs saw a shift in investor interest, with ether funds capturing $104 million in net inflows, significantly outpacing bitcoin ETFs, which added just under $34 million.
Bitcoin ETFs started strong, pulling in $227 million on Monday and $203 million on Tuesday, but the momentum reversed sharply on Thursday and Friday with outflows totaling nearly $465 million.
Blackrock’s IBIT experienced a $95.5 million outflow as institutions appeared to favor ether ETFs. Grayscale’s Bitcoin Trust (GBTC) also saw withdrawals of $83.7 million, while other bitcoin ETFs from WisdomTree and Franklin Templeton recorded smaller declines.
On the other hand, ether ETFs maintained steady inflows throughout the week, including $38 million on Monday and $73 million on Wednesday, indicating growing institutional demand. This interest reflects ether’s role not just as a cryptocurrency but as a key player in decentralized finance and blockchain settlement strategies.
Altcoin ETFs showed varied results: XRP funds attracted modest inflows early in the week, while Solana products added $7.2 million. Meanwhile, HYPE ETFs continued to see outflows, dropping $8.6 million for the second week running amid pressure from low-cost alternatives.
The total assets managed by bitcoin ETFs stand at $77.82 billion, meaning this week’s inflows represent a mere 0.04% increase. Compared to the previous week’s $75.67 million inflow, bitcoin’s weekly gains slowed by about 55%.
Ether’s resilience and inflow strength suggest a selective shift among altcoin investors toward assets with broader utility and institutional support.
