Ether Streak Continues Amid Bitcoin Outflows
Crypto exchange-traded fund (ETF) investors produced a sharply divided result last week. Bitcoin ETFs lost $61.53 million, ending three consecutive weeks of gains. The funds had added $32.11 million on Wednesday and another $233.13 million on Thursday, but Friday erased that recovery with a $265 million exit.
Ether ETFs, however, continued their inflow streak to four weeks, attracting $27.42 million in the week ended July 31. This steady result came despite the Federal Reserve meeting, which split demand and increased the sensitivity of liquid positions such as bitcoin ETFs.
Other altcoins also gained ground, with XRP adding $14.86 million while solana gained $2.82 million. However, HYPE funds remained the clear laggard, recording a third straight negative week with redemptions reaching $14.75 million.