U.S. spot Ethereum ETFs attracted approximately $103.9 million in net inflows during the week of July 20-24. This volume significantly outpaced the $33.79 million invested in Bitcoin ETFs. Ethereum fund inflows exceeded Bitcoin totals for the third time in 2026.
The data indicates a deliberate shift in allocator strategy toward Ethereum. Investors also rotated capital within Bitcoin ETFs toward lower-cost alternatives.
Grayscale's Bitcoin Mini Trust secured $85.8 million in weekly inflows. Other major Bitcoin funds faced net outflows during this period. This pattern underscores the competitive challenges facing high-fee products like GBTC.