ETF Inflows Surge to $137 Million Over Five-Day Period

Cryptocurrency ETFs have seen a significant surge in investments over the past week, according to recent data from Finway. Between July 20 and July 24, spot exchange-traded funds (ETFs) based on Bitcoin and Ethereum attracted a total of $137.69 million in investments.

Bitcoin ETFs received $33.79 million during this period, while Ethereum ETFs saw a significantly larger influx of $103.9 million, nearly three times the amount of Bitcoin funds. This marks the third consecutive week of positive net inflows for both categories of ETFs.

The data from Finway shows that in the last three weeks, Bitcoin ETFs have attracted over $306 million, while Ethereum ETFs have garnered nearly $294 million. Despite significant outflows at the end of the reporting period, both groups of funds ended the five-day period with capital growth.