Crypto ETF flows split sharply on Wed., July 8, as bitcoin ETFs returned to outflows with an $84.9 million exit. Ether ETFs remained the clear bright spot, drawing $70.5 million for a fifth straight day of inflows, while HYPE stayed positive and both solana and XRP funds moved lower.
Key Takeaways
Bitcoin ETFs lost $84.86M, while ether ETFs gained $70.48M for a 5th straight inflow day.Fidelity’s FETH led ether’s gains as HYPE remained positive, while solana and XRP weakened.ETF demand is turning selective, with ether leading while bitcoin faces renewed pressure.Ether ETFs told a very different story. The category posted $70.48 million in net inflows, marking its fifth consecutive day in positive territory.
Fidelity’s FETH accounted for nearly all of the gain, adding $69.21 million. Vaneck’s ETHV brought in another $1.27 million. Total ether ETF value traded reached $483.21 million, with net assets closing at $9.34 billion.
