Ethereum (ETH) exchange-traded funds attracted $103.9 million in net inflows in the week ending July 24, the largest total among spot crypto ETFs and the product's third consecutive week of positive flows. The streak stands out for a product line that has trailed Bitcoin ETFs in cumulative inflows since its July 2024 launch.

Other major spot crypto ETFs also brought in new capital over the same five trading days. The inflows were broadly distributed but mostly modest, while Ethereum funds outpaced competing products by a wide margin.

Ethereum ETFs Extend Their Recovery

According to SoSoValue data, Ethereum ETFs posted weekly inflows of $84 million, $105 million, and $103.9 million over the past three weeks. The figures showed a steady pace rather than a fading rebound.

Bitcoin ETFs, by comparison, saw their weekly inflow streak narrow from $197 million to $75.6 million and then to $33.79 million. The decline came as the funds recorded two negative daily results, with outflows of $225 million on July 23 and $240 million on July 24. The back-to-back outflows were notable for a product category that has generally attracted stronger and more consistent demand since its January 2024 approval.

Weekly trading volume for Bitcoin ETFs fell to about $8 billion, the lowest level since mid-April 2025. Ethereum funds also recorded a late-week pullback, posting a $70.6 million outflow on July 24. Even so, Ethereum's weekly total remained positive and led the spot crypto ETF group.

HYPE Diverges From Other Altcoin Funds

Smaller altcoin funds also reported inflows during the week. XRP (XRP) led that group with $8 million in new inflows, its largest total in three weeks. Solana (SOL) attracted $7 million, marking a nine-week high.

Chainlink (LINK) recorded $3 million in inflows, its strongest week since June. Dogecoin (DOGE) added a fractional amount, representing its first inflow in five weeks.

Hyperliquid (HYPE) ETFs were the exception. The funds lost $8.6 million, marking a second consecutive week of outflows, while assets declined about 18% from a July 10 peak. Weekly volume fell to roughly $62.7 million, the lowest level since the product's May launch. As the newest entrant among spot crypto ETFs, HYPE's ability to reverse the outflow trend remains an open question for market participants tracking the early adoption of altcoin-based ETF products.

The weekly flow data showed continued demand for Ethereum ETFs alongside caution toward Hyperliquid, the newest product in the market. Bitcoin funds remained positive for the week despite two large daily outflows near the end of the period.