Crypto ETFs End Week Positive Despite Large Outflow from Bitcoin Funds
U.S. crypto exchange-traded funds (ETFs) ended the week on a positive note despite a significant outflow of $240 million from Bitcoin ETFs on July 24.
This was largely due to a sharp change in investor sentiment, with spot Bitcoin ETFs recording $33.79 million in total inflows for the week.
Ethereum ETFs followed closely, attracting approximately $103 million in weekly inflows, despite a $70.7 million outflow on Friday.
The broader crypto ETF market remained positive, with Bitcoin, Ethereum, Solana, and Dogecoin ETFs collectively attracting more money than they lost overall.