Bitcoin Spot ETFs Reverse Trend as Ethereum Keeps Pace

The three-week streak of net inflows for U.S. spot Bitcoin exchange-traded funds (ETFs) has come to an end, according to data from SoSoValue. The period ending July 31 saw a net outflow of $61.53 million, marking a reversal in the trend.

During this time, however, other digital assets saw positive flows into their ETFs. Spot Ethereum products attracted $27.42 million in net inflows, extending their own streak to four consecutive weeks.

In contrast, some assets experienced net outflows. Spot HYPE ETFs registered a loss of $14.75 million over the same period.