#TrumpTariffs ETF momentum declines
This historic surge fueled unprecedented inflows into exchange-traded funds (ETFs). US- based Ethereum funds recorded net inflows of $5.4 billion last month, the highest ever, while Bitcoin funds attracted $6 billion, making July their third-best month, according to data compiled by Bloomberg. However, the momentum has begun to decline in recent days, with inflows slowing and key indicators pointing to declining institutional demand.
"This price action reflects a waning momentum and a partial withdrawal of speculative capital," said Lina Tran, market analyst at XS.com. "Bitcoin has struggled to achieve a fresh upside breakout due to increased caution among institutional investors."
