ETF flows on July 23: Ethereum attracts inflows, Bitcoin sees withdrawals

Spot Bitcoin ETFs recorded net outflows of $225.18 million on July 23, while spot Ethereum ETFs logged net inflows of $26.32 million, underscoring a split in investor positioning between the two крупнейших crypto assets. The latest flow figures show capital continuing to move into ETH-linked products even as investors pulled funds from Bitcoin exposure. Bitcoin’s net outflow of $225.18 million suggests a meaningful reduction in allocations, while Ethereum’s $26.32 million net inflow extends the recent positive streak for ETH-focused vehicles. ETF flow data is widely watched as a real-time gauge of both institutional and retail sentiment. Inflows generally point to rising demand, while outflows can signal profit-taking or a shift in portfolio positioning. Ethereum’s steady inflows suggest investors remain constructive on its longer-term outlook, supported by ongoing activity across decentralized finance (DeFi), tokenization and broader blockchain development. Bitcoin’s outflows appear more consistent with near-term portfolio adjustments than a change in underlying fundamentals. Cointelegraph highlighted the July 23 split in flows, noting net inflows for ETH spot ETFs and net outflows for BTC spot ETFs. Looking ahead, the July 23 report indicates engagement in regulated crypto investment products remains active, with capital rotating among major cryptocurrencies rather than leaving the sector entirely. Market participants are expected to track upcoming ETF reports for signs that Ethereum can sustain momentum and whether Bitcoin inflows rebound. Read also: ETF Flows Show ETH Gains as BTC Sees Outflows; CoinRabbit and GoMining Report: Managing Bitcoin Matters More Than Mining Volume; Stablecoin Dry Powder Yet to Return at Scale; GTN and Payward partner to expand global capital market access through xStocks; Adam Weitsman Backs Unserious in their Acquisition of Creepz and Psychrome homecoming