TL;DR
- U.S. spot Ethereum ETFs attracted an impressive $1.85 billion in net inflows last week, marking their second-largest week since launch.
- Meanwhile, Bitcoin spot ETFs registered just $72 million.
- Despite a brief market dip, ETH continues to gain ground, supported by rising trading volume, stable altcoin performance, and expanding institutional interest in diversifying crypto reserves and long-term portfolio strategies.
U.S.-listed spot Ethereum exchange-traded funds logged another robust week, drawing $1.85 billion in net inflows from July 21 to July 25, according to SoSoValue data. This figure comes shortly after the previous week’s record of $2.18 billion and highlights the accelerating appetite for Ethereum exposure among institutional and retail investors alike. The weekly trading volume for these funds reached $10.39 billion, showing only a slight decline from $10.57 billion the week before, underlining consistent investor engagement.
In stark contrast, Bitcoin ETFs recorded a notable drop in inflows, bringing in just $72 million last week compared to a massive $2.39 billion the week before. The latest CoinShares report shows that combined Bitcoin and Ethereum ETFs have already brought in a record $11.2 billion in July, with ETH funds alone contributing over $7.8 billion so far this year. This surge is even more significant given Ethereum’s relatively smaller market cap, which allows capital inflows to have an amplified impact on price movements and trading activity.
Altcoins Surge As Bitcoin Stagnates
The broader crypto market showed mixed signals as Bitcoin climbed a modest 0.8% in the past 24 hours to reach $119,077 early Monday, while Ethereum rose by 3.4% to $3,901. Solana gained 3.3% and XRP advanced by 2.5%, but BNB led the altcoin rally with a 6.6% jump. Analysts note that Bitcoin’s reduced volatility is encouraging traders to rotate capital into Ethereum and other altcoins, seeking higher returns during stable periods.
Nick Ruck, director at LVRG Research, emphasized that large Bitcoin holders are locking in profits, but fresh institutional entrants continue to buy both BTC and ETH as part of diversified reserve strategies. New market participants are also exploring Solana and XRP funds more actively.
With new U.S. regulatory developments and macroeconomic data on the horizon, investors are keeping a close watch on how these inflows might shape the crypto market for the rest of the year. For now, Ethereum’s momentum suggests it could maintain its lead over Bitcoin ETFs if this trend holds steady and investor sentiment remains optimistic.