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

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.