Institutional Interest Fluctuates as Bitcoin and Solana Dominate Crypto ETF Flows

The cryptocurrency market saw mixed results in terms of ETF flows on July 29. Bitcoin spot ETFs attracted $32.11 million in net inflows, while Solana and XRP spot ETFs also recorded positive flows of $19.06 million and $584,710 respectively.

Ethereum spot ETFs, however, saw $18.65 million in net outflows, indicating that some investors reduced their exposure to Ethereum-based investment products during the session.

The latest July 29 ETF flows highlight that institutional capital continues to enter the crypto market, but investors are becoming increasingly selective in their allocations.