Ether ETFs Extend Weekly Run With $27M Inflow as Bitcoin Loses $61.5M
A $233 million rally on Thursday quickly faded by Friday, leaving crypto ETF investors with a sharply divided weekly result: ether held its momentum, bitcoin’s recovery stalled, and altcoin flows scattered across the risk spectrum.
Bitcoin ETFs opened the week with two losing sessions, withdrawing $11.64 million on Monday and $49.75 million on Tuesday. Demand returned midweek, with funds adding $32.11 million on Wednesday and $233.13 million on Thursday, when seven products recorded inflows. However, a $265 million exit on Friday erased those gains, leaving bitcoin ETFs with a $61.53 million weekly outflow and ending three consecutive weeks of inflows. July still closed with $172.8 million in net inflows, preserving a modest monthly recovery.
BlackRock’s IBIT led weekly winners with $86.9 million, while Morgan Stanley’s MSBT added $7.4 million, Bitwise’s BITB gained $2.9 million, and VanEck’s HODL added $2.3 million. On the losing side, Fidelity’s FBTC lost $85.2 million, Grayscale’s GBTC shed $52.6 million, and ARK 21Shares’ ARKB recorded a $30.6 million outflow.
The Federal Reserve meeting split the week in two. Policymakers held the federal funds rate at 3.50% to 3.75% in a 9-3 vote, with three officials favoring a quarter-point increase. Fed Chairman Kevin Warsh noted that market interest rates had risen between meetings as the central bank stepped back from heavy reliance on forward guidance, increasing sensitivity for macro-driven positions such as bitcoin ETFs.
Ether ETFs produced a steadier result, attracting $9.23 million on Monday, $14.53 million on Tuesday, followed by an $18.65 million outflow on Wednesday, and inflows of $13.29 million on Thursday and about $9 million on Friday. The weekly total of $27.42 million extended ether’s positive streak to four weeks, though demand remained modest.
XRP ETFs finished with $14.86 million in net inflows, driven by Franklin Templeton’s XRPZ, with demand accelerating on Thursday and Friday. Solana ETFs added $2.82 million, recovering from an $18.07 million Tuesday withdrawal with a $19.06 million Wednesday inflow and smaller gains later in the week.
HYPE funds remained the clear laggard, with redemptions reaching $14.75 million for a third straight negative week. Outflows occurred on four sessions, including an $8.78 million exit on Wednesday.
Overall, investors showed willingness to hold crypto exposure through regulated funds, but choices grew more selective, favoring ether’s consistency and asset-specific opportunities in XRP and solana, while trimming bitcoin’s macro-sensitive exposure and crowded HYPE positions.