Ethereum (ETH) exchange-traded funds pulled in 3.9 million in the week ending July 24, the most of any spot crypto ETF and a third straight positive week for the product.

Other major spot crypto ETFs drew fresh cash over the same five trading days. The inflows were broad but mostly small, and Ethereum outpaced every rival by a wide margin.

Spot exchange-traded funds let traditional investors gain exposure to a cryptocurrency through a regulated brokerage account, without holding the underlying token or managing a private wallet. Because these products are funded by institutions, pension plans and wealth managers as much as by retail buyers, their weekly flow data has become one of the clearest gauges of how Wall Street views each digital asset.

Ethereum ETFs Hold a Steady Recovery

According to SoSoValue data, Ethereum ETFs recorded weekly inflows of million, 5 million, and 3.9 million across the past three weeks. The pace stayed firm rather than fading. Bitcoin ETFs, by contrast, saw their streak shrink from 7 million to .6 million to .79 million.

The shrinking figure came as the funds logged two negative daily prints, losing 5 million on July 23 and 0 million on July 24. Weekly trading volume fell to about billion, the lowest since mid-April 2025.

Ethereum showed a similar late-week dip, with a .6 million outflow on July 24. However, the weekly total stayed positive and led the group.

A sustained rotation into Ethereum products suggests that allocators are looking beyond Bitcoin for growth, drawn by the network's central role in staking, stablecoins and decentralized applications. Steady inflows also tend to pull tokens off exchanges into long-term custody, a dynamic that can quietly support price if demand persists.

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HYPE Breaks From the Pack

Smaller altcoin funds each posted their own gains. XRP (XRP) led the group with million in inflows, its largest in three weeks. Solana (SOL) drew million, a nine-week high. 

Chainlink (LINK) took in million, its best week since June. Dogecoin (DOGE) added a fractional sum, its first inflow in five weeks.

Hyperliquid (HYPE) ETFs stood alone. The funds shed .6 million, a second straight weekly outflow, and assets fell about 18% from a July 10 peak. Weekly volume dropped to roughly .7 million, the lowest since the May launch.

As the newest product on the market, Hyperliquid still lacks the long trading history that larger funds use to reassure cautious institutions, which may help explain why early enthusiasm has cooled. Whether that reflects simple profit-taking or a deeper loss of confidence will become clearer if the outflows continue.

The pattern points to steady demand for Ethereum and caution toward the newest product on the market. The coming weeks will show whether Ethereum’s lead widens or Bitcoin regains its footing.

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Source: BeInCrypto