Spot ether ETFs took in $103.8 million in the week ended July 24, roughly triple the $33.9 million that flowed into spot bitcoin funds, according to Farside Investors data. It is the second consecutive week ether products have out-raised bitcoin's, extending a rotation that began when both categories snapped eight-week outflow streaks earlier this month.
The gap came down to BlackRock. Its iShares Ethereum Trust (ETHA) absorbed $96.3 million over the five sessions, while the iShares Bitcoin Trust (IBIT) — the largest crypto ETF — posted a $95.5 million net outflow, including back-to-back withdrawals of $202.5 million and $212.2 million on Thursday and Friday, per Farside.
Bitcoin funds started stronger. They pulled in $226.8 million on Monday and $203.2 million on Tuesday before flows reversed hard into the weekend, leaving the category up just $33.9 million. Ether funds were steadier — $38 million, $37.5 million, $72.7 million, and $26.3 million across Monday through Thursday — before a $70.7 million outflow on Friday trimmed the weekly total.
The prior week showed the same order: ether funds added $105.5 million against bitcoin's $75.5 million. Bitcoin's weekly haul has now fallen 55% week-over-week even as ether's held flat.
