Bitcoin ETFs pulled in $170.09 million at the start of the week. Seven funds recorded gains. Not a single one saw money leave. The momentum marked a sharp turnaround after bitcoin products ended July with losses, signaling institutional appetite had returned.
Blackrock's IBIT led the charge, capturing $111.43 million, nearly two-thirds of the entire category's daily inflow. Fidelity's FBTC bounced back into positive territory with $33.36 million, while Franklin Templeton's EZBC pulled in $9.23 million. Invesco's BTCO added $6.67 million. Vaneck's HODL followed with $4.52 million, and both Bitwise's BITB and ARK 21Shares' ARKB finished the day with modest gains of $2.77 million and $2.12 million respectively. Total trading value reached $2.11 billion, the largest turnover among all tracked crypto ETF categories. Combined net assets closed at $77.58 billion.
Ether told a different story. ETFs tracking the second-largest blockchain recorded an $11.42 million net outflow. Blackrock's ETHA lost $9.03 million, while Grayscale's ETHE saw $7.84 million exit. Fidelity's FETH shed roughly $931,000. Some demand trickled into Blackrock's ETHA alternative product, which gained $5.78 million, and Morgan Stanley's MSSE picked up $603,000, but that wasn't enough to offset the exodus. The divergence between bitcoin and ether fund flows reflects a widening split in institutional positioning.
XRP ETFs attracted $1.15 million, with all of it flowing into Canary Capital's XRPC. Trading volume hit $9.99 million, and total net assets reached $1.01 billion. The modest inflow suggested limited institutional appetite for smaller-cap digital assets at the moment.
This article is for informational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and past performance does not guarantee future results.
