Ethereum spot ETF attracts $105 million in one week

Ethereum spot ETFs are performing impressively: in the week from 13 to 17 July, a net inflow of no less than $105 million was recorded. This leaves its older brother Bitcoin behind, which raised $75.67 million over the same period. The figures clearly show that institutional interest in Ethereum ETFs is present.

Ethereum is available at OKX and Bybit.

Ethereum takes the lead

The ETF data comes from Wu Blockchain and paints a striking picture. While the Ethereum price trades around $1.850, the product attracts more capital than Bitcoin ETFs. The total net assets of Ethereum spot ETFs stand at $9.97 billion, indicating that serious money is in this product.

Bitcoin ETFs raised $75.67 million in the same period, which is certainly not a poor result, but still less than the Ethereum variant. The weekly inflow of both products together sends a positive signal for the broader crypto market.

Mixed picture for other crypto ETFs

In addition to Ethereum and Bitcoin, there are also ETFs for smaller coins. Solana spot ETFs saw $948.200 in net inflow, while XRP spot ETFs took in $6.78 million. Those who want to know more about XRP news and the performance of that market can follow it via recent reports.

Strikingly negative is Hyperliquid: the HYPE spot ETFs actually saw a net outflow of $7.26 million. That is a setback for the product, which is still relatively new in the ETF landscape. The contrast with Ethereum is large: while one product attracts capital, HYPE sees it flowing out.

All in all, the week of 13 to 17 July shows that Ethereum is currently the favourite among institutional investors looking to enter crypto via ETFs. Whether that trend continues in the coming weeks remains to be seen, but the inflow of more than $105 million in a single week is a strong signal.