Ether ETFs Outpace Bitcoin as Late-Week Selling Erodes Crypto Fund Gains
Crypto exchange-traded fund (ETF) investors showed conviction in their early-week buying, but that momentum was short-lived. By the end of the week, they were heading for the exits.
U.S. spot bitcoin ETFs attracted $33.79 million in net inflows from July 20 through July 24, while ether funds drew in $103.90 million, roughly three times the total amount of bitcoin inflows.
$XRP ETFs added $8.15 million and Solana products brought in $7.2 million, but $HYPE ETFs moved in the opposite direction with $8.61 million in net outflows.