U.S. spot ether ETFs attracted $9.23 million on Monday, while bitcoin funds recorded a third consecutive day of withdrawals. Solana and XRP products also posted modest gains, but HYPE ETFs continued to lose capital.
Key Takeaways
Blackrock’s ETHA led ether ETFs to $9.23M inflows on July 27 as bitcoin lost $11.64M.Bitcoin’s 3-day outflow streak shows institutions rotating toward ether and smaller altcoins.HYPE lost $2.89M, testing whether its $279.22M asset base can stabilize after launch.Institutional crypto demand opened the week on an uneven footing. Ether funds found fresh buyers, smaller altcoin products edged higher and bitcoin exchange-traded funds (ETFs) remained under pressure, extending the reversal that began late last week.
Bitcoin ETFs recorded $11.64 million in net outflows on Monday, July 27. The loss was modest compared with recent sessions, but it marked a third straight day in the red.
Ether Gains as Bitcoin Flows Stay MutedOnly two bitcoin funds reported net activity. Blackrock’s IBIT posted an $8.82 million withdrawal, while Fidelity’s FBTC lost $2.82 million. No bitcoin ETF attracted fresh capital during the session. Total trading value reached $1.34 billion, while combined net assets closed at $78.71 billion.
The contrast reflected the selective nature of institutional demand. Bitcoin remains the market’s benchmark crypto exposure, but investors have recently shown a greater willingness to allocate toward ether when conditions allow.
Solana and XRP Rise While HYPE Extends SlideSolana ETFs attracted $1.03 million, with most of the capital going to Bitwise’s BSOL. Total trading value was $39.55 million, while net assets closed at $889.31 million.
XRP ETFs added a more modest $592,470. The entire inflow went to Franklin Templeton’s XRPZ. Trading value across XRP products reached $12.66 million, with combined assets holding at about $1 billion.
