Ethereum ETFs See Four Weeks of Growth While Bitcoin Slips

Ethereum exchange traded funds are keeping up their winning streak. These funds pulled in 27.42 million dollars for the week ending July 31, marking the fourth week in a row that money has flowed into the product. The steady interest suggests that investors are finding value in ETH even as the broader market deals with some hesitation.

Bitcoin products faced a different reality this week. Investors pulled 61.53 million dollars out of Bitcoin funds during the same period. While the week started with a promising rally, momentum cooled off by Friday, leading to the notable dip in net assets.

Other digital assets saw mixed results as traders shifted their focus. XRP and Solana funds managed to gain ground during the week, showing that some capital is rotating into alternative projects. Meanwhile, HYPE continued to see redemptions, marking another tough week for that specific asset.

Market watchers are now keeping a close eye on whether Ethereum can sustain this inflow trend in the coming days. With Bitcoin prices hitting a rough patch, the market is waiting to see if institutional interest remains centered on the second largest cryptocurrency or if Bitcoin can regain its footing quickly.