Ethereum ETF Inflows $2.12B, Bitcoin ETF Outflows $131M
Record institutional demand lifted Ethereum ETF inflows to $2.12B last week, driven by Fidelity’s FETH ($126.9M), BlackRock’s ETHA ($102M), Grayscale’s ETH ($54.9M) and Bitwise’s ETHW ($13.1M). Only 21Shares’ CETH saw a minor $0.4M outflow. Over a 12-day span, Ethereum ETF inflows topped $3.53B, outpacing Bitcoin ETF inflows. Conversely, spot Bitcoin ETFs recorded $131.4M ETF outflows on July 21, led by Ark Invest’s ARKB ($77.5M), Grayscale’s GBTC ($36.7M) and Fidelity’s FBTC ($12.8M). Broader crypto funds saw $4.39B inflows, the highest weekly total on record, boosting assets under management to $220B. Altcoins also benefited: SOL ($39M), XRP ($36M) and SUI ($9.3M). Traders should monitor Ethereum ETF inflows and Bitcoin ETF outflows as sentiment indicators amid strong market liquidity.
Bullish
Record Ethereum ETF inflows signal strong institutional buying pressure that is likely to drive ETH prices higher in both short and long term. The sustained demand over a 12-day stretch and record weekly inflows indicate growing confidence and liquidity, which can support a bullish trend. Conversely, Bitcoin ETF outflows and price consolidation around $117K–$118K may weigh on BTC in the near term. However, the overall surge in crypto fund inflows to $4.39B enhances market liquidity and may spill over to other assets. For traders, the ETF flow divergence suggests Ethereum is poised to outperform Bitcoin, reinforcing a bullish outlook on ETH while BTC may face headwinds unless inflows resume.