Bitcoin and Ethereum ETFs see $540M outflows amid selective inflows to altcoin funds
Bitcoin spot ETFs experienced $527 million in net outflows from June 29 to July 2, marking their eighth consecutive week of withdrawals despite some daily inflows. Ethereum ETFs also faced $13.67 million in outflows over the same period, continuing their weak demand trend. In contrast, altcoin-linked ETFs like XRP, SOL, and HYPE attracted positive inflows, signaling investor interest beyond the two largest crypto assets. This divided ETF flow suggests cautious sentiment in major crypto funds while some investors seek exposure to alternative cryptocurrencies amid ongoing market uncertainty.
Bitcoin spot ETFs experienced $527 million in net outflows from June 29 to July 2, marking their eighth consecutive week of withdrawals despite some daily inflows. Ethereum ETFs also faced $13.67 million in outflows over the same period, continuing their weak demand trend. In contrast, altcoin-linked ETFs like XRP, SOL, and HYPE attracted positive inflows, signaling investor interest beyond the two largest crypto assets. This divided ETF flow suggests cautious sentiment in major crypto funds while some investors seek exposure to alternative cryptocurrencies amid ongoing market uncertainty.
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