In July, Ethereum ETFs attracted $365 million, while the HYPE ETF saw net outflows

BlockBeats News, August 4th. In the July inflow of funds to cryptocurrency ETFs, the Ethereum (ETH) ETF emerged as the biggest winner, with a monthly net inflow of $365 million.

The data shows that Bitcoin ETF had a net inflow of $172.43 million in July; Solana (SOL) ETF had a net inflow of $14.62 million; XRP ETF had a net inflow of $27.29 million; Chainlink (LINK) ETF had a net inflow of $4.54 million; HBAR ETF had a net inflow of $3 million; LTC ETF had a net inflow of $30.4 thousand.

In contrast, HYPE-related ETF was the only product with a net outflow of funds, with a net outflow of $15.16 million in July.

Overall, the institutional fund allocation in July significantly favored the Ethereum ecosystem, with the ETH ETF attracting a fund size exceeding that of the BTC ETF, demonstrating a continued surge in market demand for Ethereum-related assets.