Bitcoin ETFs attracted $170.09 million at the start of the week, with seven funds recording gains and none reporting an outflow. Ether products lost $11.42 million, while XRP edged higher and HYPE resumed its decline.
Key Takeaways
Blackrock’s IBIT led $170.09M into bitcoin ETFs, with 7 funds gaining and none seeing outflows.Ether ETFs lost $11.42M while XRP gained $1.15M, widening the institutional demand split.Intesa Sanpaolo cut IBIT shares 93.7%, signaling August positioning may stay selective.Fresh August allocations arrived quickly. Investors directed more than $170 million into bitcoin exchange-traded funds (ETFs) during a broad session that lifted nearly every active product, giving the market a firm opening after bitcoin funds ended July with a weekly loss.
Ether followed a different path. Withdrawals from several major funds outweighed demand for Blackrock and Morgan Stanley products.
Blackrock Leads Broad Bitcoin ETF AdvanceBlackrock’s IBIT captured $111.43 million, accounting for almost two-thirds of the category’s daily net inflow. Fidelity’s FBTC returned to positive territory with a $33.36 million addition. Franklin Templeton’s EZBC attracted $9.23 million, and Invesco’s BTCO received $6.67 million.
Vaneck’s HODL added $4.52 million. Bitwise’s BITB and ARK 21Shares’ ARKB completed the gains with inflows of $2.77 million and $2.12 million, respectively. No bitcoin ETF posted a withdrawal. Total trading value reached $2.11 billion, the largest turnover among the tracked crypto ETF categories. Combined net assets closed at $77.58 billion.
Ether ETFs recorded a mixed session, resulting in an $11.42 million net outflow. Blackrock’s ETHA lost $9.03 million, followed by a $7.84 million exit from Grayscale’s ETHE. Fidelity’s FETH shed about $931,000.
Inflows of $5.78 million into Blackrock’s ETHB and roughly $603,000 into Morgan Stanley’s MSSE softened the decline. Ether ETF trading value totaled $519.90 million, with net assets ending at $10.23 billion.
XRP Gains as HYPE Redemptions ResumeXRP ETFs attracted $1.15 million, with the entire inflow allocated to Canary Capital’s XRPC. Trading value reached $9.99 million, and total net assets closed at $1.01 billion.
HYPE ETFs returned to outflows after a quiet session. Grayscale’s HYPG lost about $964,000, taking combined net assets down to $253.23 million. Total value traded was $10.30 million.
Solana ETFs reported no net creations or redemptions. Existing shares still generated secondary-market activity, while total net assets closed at $871.90 million.
The day’s bitcoin inflow arrived as Intesa Sanpaolo disclosed a major shift in its quarter-end crypto ETF holdings. The Italian banking group reduced its common IBIT position by 93.7% between March 31 and June 30, leaving 40,723 shares. It also reported a new put position tied to 500,000 underlying IBIT shares.
Monday’s flows showed demand returning to bitcoin through a wide group of issuers. Ether faced renewed selling, and activity across smaller crypto funds remained measured.
