Ethereum ETFs Lead Weekly Crypto Fund Inflows as Bitcoin Momentum Slows

Ethereum spot ETFs continued to attract strong investor demand, extending their winning streak and significantly outperforming other crypto exchange-traded funds over the past week. According to SoSoValue data, Ethereum ETFs recorded $103.9 million in weekly net inflows, following gains of $105 million and $84 million in the previous two weeks, highlighting steady institutional interest despite broader market volatility.

Bitcoin ETFs also remained in positive territory but showed signs of slowing momentum. Weekly inflows dropped sharply from $197 million to $75.6 million and then to just $33.79 million. The decline came after two consecutive days of heavy outflows, with investors pulling $225 million on July 23 and another $240 million on July 24. Weekly trading volume also slipped to approximately $8 billion, marking its lowest level since mid-April 2025.

Ethereum funds experienced a late-week setback as well, recording a $70.6 million daily outflow on July 24. However, the broader weekly total remained firmly positive, allowing Ethereum to lead all major spot crypto ETFs in net inflows.

Among altcoin ETFs, XRP posted the strongest performance, attracting $8 million in weekly inflows, its highest level in three weeks. Solana followed with $7 million, reaching a nine-week high, while Chainlink added $3 million, marking its best weekly result since June. Dogecoin also returned to positive territory with a modest inflow, ending a five-week streak without new investments.

Hyperliquid (HYPE) was the only major crypto ETF to record continued weakness. HYPE ETFs saw $8.6 million in weekly outflows for the second consecutive week, while assets under management declined roughly 18% from their July 10 peak. Trading activity also cooled significantly, with weekly volume falling to around $62.7 million, the lowest level since the product launched in May.

The latest ETF data suggests investor sentiment continues to favor Ethereum, while Bitcoin experiences a slowdown and newer products like Hyperliquid struggle to maintain momentum. Market participants will be watching closely in the coming weeks to see whether Ethereum can extend its lead or if Bitcoin ETFs regain stronger inflows.