Crypto exchange-traded funds attracted $252 million on July 21, with Bitcoin ETFs recording $203.14 million in net inflows during their sixth consecutive session of institutional demand. Blackrock's IBIT led the category with $163.89 million, pushing total Bitcoin ETF assets above $80 billion to close at $80.94 billion. Ether, XRP, and Solana funds drew a combined $48.96 million as institutional allocations expanded beyond Bitcoin, while HYPE ETFs recorded a $698,040 outflow. The session reflected sustained institutional interest concentrated primarily in the largest Bitcoin products, with Blackrock capturing more than 80% of the day's Bitcoin ETF inflows.
Blackrock IBIT Captures $163.89 Million in Bitcoin ETF Inflows
Blackrock's IBIT dominated the Bitcoin ETF session on July 21 with a $163.89 million inflow, accounting for more than 80% of the category's daily total of $203.14 million. Fidelity's FBTC followed with $23.11 million, while ARK 21Shares' ARKB added $9.69 million and Grayscale's Bitcoin Mini Trust received $6.46 million. No bitcoin ETF recorded a net outflow during the session. Total value traded reached $2.03 billion, up from $1.74 billion a day earlier. Combined net assets closed at $80.94 billion, compared with $79.16 billion on Monday.
Ether ETFs Post Third Consecutive Day of Net Inflows
Ether ETFs posted a third consecutive day of net inflows on July 21, adding $37.47 million. Blackrock's ETHA attracted $52.79 million, but the category's gain was reduced by a $15.32 million withdrawal from Fidelity's FETH. Total trading value reached $645.28 million, while net assets ended the day at $10.48 billion.
XRP, Solana, and HYPE ETFs Record Mixed Flows
XRP ETFs brought in $5.66 million on July 21, with the entire inflow directed to Franklin Templeton's XRPZ. XRP ETF trading volume totaled $19.16 million, with combined assets closing at $1.06 billion. Solana exchange-traded funds attracted $5.83 million, with Bitwise's BSOL accounting for most of the inflow. Total value traded reached $56.54 million, while net assets rose to $912.74 million. HYPE ETFs moved in the opposite direction, recording a $698,040 outflow entirely from 21Shares' THYP. HYPE ETF trading volume totaled $9.62 million, with net assets closing at $306.30 million.
FAQ
What happened to Bitcoin ETFs on July 21?
Bitcoin ETFs attracted $203.14 million in net inflows on July 21, marking their sixth consecutive session of institutional demand. Blackrock's IBIT led with $163.89 million, followed by Fidelity's FBTC with $23.11 million. Total Bitcoin ETF assets closed at $80.94 billion, while trading volume reached $2.03 billion.
Why did Blackrock's IBIT dominate Bitcoin ETF inflows?
Blackrock's IBIT captured $163.89 million of the $203.14 million total Bitcoin ETF inflows on July 21, accounting for more than 80% of the category's daily total. The source indicates that institutional demand remained concentrated in the largest products, with Blackrock's fund continuing to absorb a significant share of new allocations.
How did altcoin ETFs perform on July 21?
Ether ETFs added $37.47 million in their third consecutive day of inflows, with Blackrock's ETHA attracting $52.79 million offset by a $15.32 million withdrawal from Fidelity's FETH. XRP ETFs brought in $5.66 million via Franklin Templeton's XRPZ, while Solana ETFs attracted $5.83 million primarily through Bitwise's BSOL. HYPE ETFs recorded a $698,040 outflow from 21Shares' THYP.
