Ethereum Dominates Crypto ETF Inflows with $103 Million Surge

Crypto exchange-traded funds (ETFs) attracted significant investment in the week ending July 24, with nearly $138 million flowing into Bitcoin and Ethereum ETFs. According to SoSoValue, this marks the third consecutive week of positive net inflows for both categories.

Ethereum ETFs outpaced Bitcoin funds in net inflows by almost three times, bringing in $103.9 million compared to Bitcoin's $33.79 million. This trend is consistent with previous weeks, as Ethereum ETFs also outpaced Bitcoin-based funds from July 13-17.

Among altcoin ETFs, XRP and Solana funds led the way in terms of capital inflows, with $8.15 million and $7.2 million respectively. However, HYPE ETFs recorded significant outflows of $8.61 million.