Ethereum Outpacing Bitcoin in ETF Inflows Amid Summer Volatility
Ethereum ETFs have been outperforming Bitcoin ETFs in 2026, according to recent data. Over the seven days ending July 28, Ethereum ETFs pulled in 37,959 ETH, roughly $71.17 million, while Bitcoin ETFs shed 3,170 BTC worth $200.23 million. This marks the third consecutive week of net ETH inflows.
The largest spot Bitcoin ETF by assets, BlackRock's IBIT, lost 3,511 BTC last week, exceeding the category's entire net decline. Grayscale's Bitcoin products shed another 10 BTC, and Bitwise's BITB lost 27 BTC. Fidelity's FBTC added 109 BTC, and ARK 21Shares' ARKB contributed 77 BTC.
Ethereum side saw concentration with BlackRock's ETHA accounting for 37,424 of the week's 37,959 ETH inflows, effectively the entire category's net gain flowing through a single fund. This reflects its structural position: ETHA controls roughly 68% of US spot ETH ETF assets and has a fee structure that significantly undercuts legacy Grayscale Ethereum products.