On August 4, in July’s crypto asset ETF fund flow, the Ethereum (ETH) ETF became the biggest winner, with a net inflow of $365 million in a single month.
Data shows that the Bitcoin ETF saw a net inflow of $172.43 million in July; the Solana (SOL) ETF had a net inflow of $14.62 million; the XRP ETF had a net inflow of $27.29 million; the Chainlink (LINK) ETF had a net inflow of $4.54 million; the HBAR ETF had a net inflow of $3.0 million; and the LTC ETF had a net inflow of $30.4 thousand.
Meanwhile, HYPE-related ETFs were the only products to record net outflows, with a net outflow of $15.16 million in July.
Overall, in July institutional fund allocation was clearly tilted toward the Ethereum ecosystem; the scale of funds attracted by ETH ETFs exceeded that of BTC ETFs, indicating that market demand for Ethereum-related assets continues to heat up.
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