Ethereum ETF Inflows Triple Bitcoin's at $104M for Second Consecutive Week

ETH spot ETFs recorded $103.8M net inflows, three times BTC's $33.9M, driven by BlackRock's ETHA as IBIT faced significant outflows.

Woofun AI data shows that Ethereum spot ETFs achieved a net inflow of $103.8 million for the week ending July 24, surpassing Bitcoin spot ETF inflows of $33.9 million for the second consecutive week. BlackRock’s ETHA fund attracted $96.3 million, while its Bitcoin fund IBIT experienced a net outflow of $95.5 million, with outflows of $202.5 million and $212.2 million on Thursday and Friday, respectively. Although Bitcoin ETFs saw strong early-week inflows, Ethereum products demonstrated greater stability with consistent inflows through Thursday before a $70.7 million outflow on Friday.

Meanwhile, BitMine Immersion increased its ETH holdings by 104,512 tokens over the past 30 days, bringing its total to 5.78 million ETH.