US-listed spot Bitcoin exchange-traded funds (ETFs) concluded July with a net inflow of $172.4 million, marking a reversal of two months of outflows. However, the month ended on a volatile note, with a $265.4 million net outflow recorded on July 31, according to data provider SoSoValue. Year to date in 2026, Bitcoin ETFs remain in negative territory, having experienced $5.29 billion in cumulative outflows.
Ether ETFs, by contrast, maintained a more consistent performance, posting four consecutive weeks of inflows in July and ending the month with a $365.2 million net inflow. XRP ETFs also demonstrated resilience, recording $27.3 million in July inflows and securing their fifth positive month in 2026. These figures highlight a divergence in investor sentiment across different cryptocurrency assets.
Bitcoin ETFs have attracted $51.32 billion in cumulative net inflows since their January 2024 launch, underscoring long-term interest despite recent volatility. The largest monthly outflow for Bitcoin ETFs occurred in June 2026, when $4.5 billion was withdrawn. Meanwhile, XRP ETFs have seen $343 million in net inflows year to date, reflecting sustained demand for the asset.
The mixed performance of Bitcoin, Ether and XRP ETFs underscores the challenges of gauging investor confidence in the cryptocurrency market. While Bitcoin remains the dominant asset in the ETF space, the stronger showing by Ether and XRP suggests shifting dynamics in institutional and retail participation.
Written by Oliver Grant
Markets Desk