Asset ETF Inflows ETF Outflows Net Direction Key Drivers

Ethereum ~$306 M yesterday / $1.85 B weekly ~$152 M yesterday Strong positive momentum Streak-breaking ETF demand, blue-chip corporate stacking 🧱

Bitcoin ~$284 M yesterday / $72 M weekly ~$812 M ultra-late Friday Heavy profit-taking Large redeemers from major trusts like Fidelity & Grayscale 🫡

Ethereum ETFs recorded $533M in flows on July 22, part of a 13-straight-day streak; weekly net inflows hit $1.85B—Ethereum ETFs have outpaced Bitcoin every day this week. Meanwhile, BTC saw only $72M in weekly inflows, a sharp drop from the prior week .

On the same Friday, Bitcoin ETFs had a massive $812.25M net outflow, signaling one of their worst single days ever, while Ethereum ETFs posted a $152.26M outflow, ending the streak—but net ETH flows remained in the green from earlier strong gains. Those Friday figures closely align with the ~$927M and ~$154M numbers you noted .

🔍 What This Divergence Means

1. Institutional Rotation Toward ETH

Even though spot Bitcoin ETFs still dominate AUM (~$150B), Ethereum ETFs are capturing more capital share this week—suggesting institutions are selectively rotating capital into ETH amid staking growth and Layer‑2 innovations.

2. Bitcoin: Profit Pressures vs Structural Demand

The sharp BTC outflows likely reflect tax-loss harvesting or short-term client rebalancing, while longer-term structural demand remains. ETF outflows are absorbing a large chunk of incoming bids without triggering major price drops.

3. Ethereum: From DeFi Bet to Portfolio Building

The surge in Ethereum ETF flows—now over 23% of ETH’s net assets—signals institutional conviction. Billion-dollar corporate ETH treasuries (e.g. BitMine, Circle) have added confidence even as price lags BTC by ~25%.

4. What’s Next for Spot Prices

Ethereum is now testing ~$3,600–$3,800 resistance levels. BTC is oscillating within $118K–$120K—which may be consolidating under buffering support from stable ETF inflows that reduce volatility. If ETH inflows continue, ETH may break higher, while BTC could remain flat or dip further if profit-taking persists.

⚠️ Key Risks & Watchpoints

Day-to-day ETF data may be noisy—massive flows daily can distort the weekly picture, especially if one large trader exits.

Regulatory catalysts (e.g., in-kind creation approvals) could flip the current dynamics.

Macro shock events or sudden BTC institutional demand might reverse the current ETH > BTC rotation.

✅ Bottom Line

Yes—this week’s ETF data indicates a noticeable sentiment inflection point, with Ethereum leading the way while Bitcoin experiences profit-taking at elevated levels. Ethereum is spiking on renewed inflows and utility growth, while Bitcoin faces temporary headwinds even with continuing structural strength.

Interested in pivot zone levels or trade setups for ETH vs BTC based on these flows? Let me know—happy to break those down.