As Ethereum (ETH) gains momentum, its growing institutional appeal is beginning to reflect in spot exchange-traded fund (ETF) activity. Recent data shows that ETH ETF inflows continue to accelerate, while Bitcoin (BTC) ETFs have seen a temporary slowdown after 12 consecutive days of inflows.
According to data from SoSoValue, spot Ethereum ETFs have recently captured the spotlight from Bitcoin ETFs. On July 21, Ethereum ETFs recorded inflows of $296.6 million, while BTC ETFs experienced net outflows totalling $131.4 million.
It is worth noting that the week ending July 18 was one of the strongest periods for Ethereum ETF inflows. Notably, the week saw almost $2.2 billion in net capital added.
The value of total net assets across all Ethereum ETFs hovers around $19.60 billion, representing almost 4.32% of Ethereum’s total market cap. Among the products, BlackRock’s ETHA dominates, with the ETF holding net assets worth $9.73 billion alone.
In contrast, Bitcoin ETFs appear to be experiencing a short-term pullback. SoSoValue data shows that BTC ETFs saw net outflows of $131.4 million on July 21, ending a 12-day streak of positive inflows.
Despite this minor correction, Bitcoin ETF products remain dominant in terms of total net assets, which currently stand at $151.6 billion – or over 6.5% of BTC’s total market cap. In terms of net inflows, July 2025 has already become the second-best month on record, attracting $5.65 billion as of July 21.
February 2024 remains the strongest month for BTC ETFs, with total net inflows of $6.03 billion. However, if the current pace continues, July 2025 could surpass that figure and set a new monthly record.