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Crypto ETFs diverge as Bitcoin sees $61.5M outflows, Ethereum gains $27.4M inflows amid shifting investor sentiment.

Market News
03 Aug 2026
Dailycoin
View Source
Neutral
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Last week, US crypto spot ETFs showed contrasting flows: Bitcoin ETFs had significant outflows totaling about $61.53 million, driven mainly by institutional sales from Fidelity and Grayscale. Meanwhile, Ethereum ETFs attracted $27.42 million in inflows, highlighted by BlackRock's large purchase of 30,179 ETH. This divergence reflects growing investor confidence in Ethereum over Bitcoin as Bitcoin trades near $62,730 and Ethereum around $1,845. Market sentiment remains cautious with a prevailing Fear mood, suggesting potential volatility ahead.

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