Bitcoin ETFs Bleed $225M While Ether Funds Soar

The divergence between Bitcoin and Ethereum ETFs has grown wider, as data shows that Bitcoin funds bled $225 million in net outflows on July 23, while Ether funds captured $26.32 million in inflows.

According to SoSoValue, Morgan Stanley's MSBT led the Bitcoin side with a modest $5.01 million inflow, but this was drowned out by exits from other funds.

Fidelity's FETH dominated the Ether ledger with $14.93 million, underscoring its ability to capture demand despite being in a crowded field.