Ether ETFs gain $27M; Bitcoin ETFs lose $61.5M
Ether ETFs drew $27.42 million in the week ended July 31, extending four weeks of inflows. Bitcoin ETFs posted $61.53 million in outflows over the same period.
Ether exchange-traded funds attracted $27.42 million in the week ended July 31, marking a fourth consecutive week of inflows. Bitcoin ETFs registered $61.53 million in net outflows for the same week.
Bitcoin funds opened the week with $11.64 million in withdrawals on Monday and $49.75 million on Tuesday. Flows reversed midweek with $32.11 million of inflows on Wednesday and a $233.13 million inflow on Thursday, when seven bitcoin products reported net inflows and none reported withdrawals. Friday saw $265 million in redemptions, leaving the category with the $61.53 million weekly net outflow and ending a three-week run of net gains. For July, bitcoin ETFs recorded a net inflow of $172.8 million.
At the product level, BlackRock’s IBIT had the largest weekly inflow among bitcoin funds with $86.9 million. Morgan Stanley’s MSBT added $7.4 million. Bitwise’s BITB and VanEck’s HODL received $2.9 million and $2.3 million, respectively. Major outflows included Fidelity’s FBTC at $85.2 million, Grayscale’s GBTC at $52.6 million, and ARK 21Shares’ ARKB at $30.6 million.
Ether ETFs saw steadier, smaller daily moves. They took in $9.23 million on Monday and $14.53 million on Tuesday, had an $18.65 million outflow on Wednesday, then logged $13.29 million on Thursday and about $9 million on Friday. Those sessions produced the $27.42 million weekly total.
Other token-specific funds showed mixed flows. XRP ETFs added $14.86 million for the week, with Franklin Templeton’s XRPZ collecting capital across multiple sessions and stronger demand late in the week. Solana ETFs gained $2.82 million after a $18.07 million withdrawal on Tuesday was largely offset by a $19.06 million inflow on Wednesday. HYPE-branded funds posted $14.75 million in redemptions for the week, including an $8.78 million withdrawal on Wednesday and outflows on four sessions.
Federal Reserve policymakers left the target federal funds rate at 3.50%–3.75% in a 9-3 vote. Three officials preferred a 25 basis-point increase. Fed Chair Kevin Warsh noted that market interest rates had risen between meetings as the central bank stepped back from heavy reliance on forward guidance.
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