- Bitcoin dominance is down 4.18% at 60.5%; Ethereum dominance is up 2.81% at 11.7%.
- Ethereum ETFs now command $20.7 billion in net assets, representing 4.59% of ETH’s market cap.
- Bitcoin ETFs hold $154.45 billion in net assets, or 6.54% of BTC’s market cap.
U.S spot Ethereum (ETH) exchange-traded funds (ETFs) are the talk of the town as institutional investors turn away from Bitcoin (BTC) and begin to clamor for the number two cryptocurrency amid an eleven-week inflow streak.
Ethereum ETFs
After a year of underperformance, Ethereum ETFs are shining bright after recording $231.23 million in total net inflows daily on July 24.
This marks day 15 of a historic, record-breaking inflow streak for funds now totaling $4.63 billion.
This will also be their eleventh consecutive week of inflows, which now totals $6.6 billion.
These inflows pale in comparison to the billions in weekly inflows regularly recorded by BTC ETFs. But it’s worth noting that the longest weekly inflow streak BTC funds have reached was seven.
Evidently, ETH has more momentum behind it than ever as institutional investors and firms increasingly turn to altcoins as part of their long-term strategies.
July 2025 has, by far, been the best month in ETH ETF history with $4.67 billion in monthly total net inflows, toppling their previous record of $2.08 billion in December 2024.
Bitcoin ETFs
Bitcoin ETFs have notched $226.61 million in daily total net inflows for July 24 after a three-day outflow streak amounting to over $283 million in exits.
At present, weekly flows are in the red and stand at $58.64 million in net outflows.
But looking at the bigger picture, July is the third-best performing month on record with $5.2 billion in monthly total net inflows, so far.
Bitcoin ETFs have been wildly successful, and since launching in January 2024, their holdings have increased to represent 6.54% of the entire BTC market cap.
As a result, Bitcoin’s price has risen sharply, with roughly 30% of its current value being directly attributable to BTC ETF holdings.
