Crypto ETF demand split sharply on Thursday, July 16, as bitcoin products drew $79.15 million while ether funds lost $28.04 million. XRP and Solana ETFs also attracted fresh capital, while T. Rowe Price launched a multi-token fund with an unusually large HYPE allocation.
Key Takeaways
Blackrock led bitcoin ETFs to $79.15M inflows on July 16, while ether funds lost $28.04M. Bitcoin’s 3-day streak and XRP’s $6.78M gain showed demand shifting away from ether.T. Rowe Price’s TKNZ launched with 6.45% in HYPE, widening access to multi-token ETFs.Trading activity remained firm. Total value traded reached $997.79 million, while combined net assets ended the session at $77.72 billion.
Ether ETFs told the opposite story. Grayscale’s Ether Mini Trust recorded the largest withdrawal at $14.28 million. Fidelity’s FETH lost $11.20 million, and Grayscale’s ETHE shed $4.84 million.
XRP and Solana Gain as TKNZ Widens the Field
