- Spot Bitcoin ETFs in the US posted net inflows of $132.3 million, while spot Ether ETFs drew $36.73 million.
- Over the past 30 days, spot Bitcoin ETFs recorded net outflows of $2.14 billion, while Ether ETFs lost $109.91 million.
- Cumulative net inflows into Bitcoin ETFs and Ether ETFs accounted for about 95% of the total, underscoring the concentration in the two assets.
Forecast Trend Report by Period
More than $130 million flowed into spot Bitcoin exchange-traded funds listed in the US in a single day. Spot Ether ETFs drew another $36.73 million. By contrast, net flows for altcoin ETFs tied to XRP and Solana were flat.
Data from SoSoValue for July 17 showed the 13 US spot Bitcoin ETFs posted combined net inflows of $132.3 million for the day. The 10 spot Ether ETFs took in $36.73 million. Together, the two groups attracted $169.03 million.
The spot Hyperliquid ETF recorded $5.45 million in outflows. That left total daily net inflows across US spot crypto ETFs at about $163.58 million. Most of the fresh money went to Bitcoin and Ether.
The picture over the past month remains weak. Spot Bitcoin ETFs logged net outflows of $2.14 billion over the past 30 days, while Ether ETFs shed $109.91 million. Even after including inflows into Hyperliquid, XRP and other ETFs, US spot crypto ETFs as a whole posted about $2.08 billion in net outflows over that period.
Altcoin ETF flows were mixed by product. Over the past 30 days, Hyperliquid ETFs led altcoin products with $118.78 million in net inflows. XRP and Solana ETFs drew $42.32 million and $8.8 million, respectively. Dogecoin and Litecoin ETFs posted net outflows of $870,000 and $110,000.
On July 17, most altcoin ETFs, including those tied to XRP and Solana, posted zero net inflows. That does not mean there was no trading. It means there was no change in net fund flows after creations and redemptions were combined.
The concentration in Bitcoin and Ether was also clear in cumulative figures. Bitcoin ETFs have attracted cumulative net inflows of $51.37 billion, while Ether ETFs have taken in $11.08 billion. Together, the two accounted for about 95% of cumulative net inflows tracked for US spot crypto ETFs. Daily inflows rebounded, but after heavy net outflows over the past 30 days, it is still too early to conclude that institutional buying has returned as a sustained trend.