Ethereum ETFs Continue Weekly Gain with $27M Inflow as Bitcoin Sees $61.5M Outflow
The week saw a mixed and volatile performance for cryptocurrency ETFs, with Bitcoin and Ether funds showing opposite trends. Despite a mid-week recovery, Bitcoin ETFs ended the week with a net outflow of $61.53 million, breaking a three-week inflow streak. In contrast, Ether ETFs extended their positive run to four weeks with a net inflow of $27.42 million. Among altcoins, XRP and Solana ETFs attracted $14.86 million and $2.82 million, respectively, while Hyperliquid ($HYPE) funds saw significant outflows of $14.75 million. The Federal Reserve's decision to hold interest rates steady contributed to market sensitivity, with investors showing a selective preference for stable assets like Ether and specific altcoin opportunities over more macro-sensitive Bitcoin positions. Overall, July concluded with a net inflow of $172.8 million into Bitcoin ETFs, maintaining a modest monthly recovery.
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