Crypto ETF Week — Jul 20–24, 2026: net +$148.0M
Spot crypto ETFs saw a net influx of +$148.0M during the week, driven largely by Ethereum and Bitcoin. However, significant outflows from Bitcoin indicate market volatility.
TL;DR
- Net flow: +$148.0M
- Total inflows: +$353.6M
- Total outflows: -$206.0M
- Strongest day: Jul 20 (+$270.2M) · Weakest day: Jul 24 (-$317.5M)
Weekly Overview
During the week of July 20–24, 2026, net flows into spot crypto ETFs totaled +$148.0M, indicating a predominantly positive week with fluctuations in capital movement. Nine out of thirteen tracked assets experienced inflows, with Ethereum and Bitcoin leading the inflow figures.
Flows by Asset
ETH
Net: +$103.8M / Inflow: +$110.0M / Outflow: -$6.2M
| Fund | Flow |
|---|---|
| BlackRock | +$96.3M |
| Grayscale ETH | +$9.9M |
| Fidelity | -$6.2M |
| BlackRock ETHB | +$2.9M |
| 21Shares | +$0.9M |
BTC
Net: +$33.9M / Inflow: +$223.8M / Outflow: -$189.9M
| Fund | Flow |
|---|---|
| BlackRock | -$95.5M |
| Grayscale BTC | +$85.8M |
| Grayscale | -$83.7M |
| 21Shares | +$78.1M |
| Fidelity | +$35.2M |
| Morgan Stanley | +$15.7M |
| Bitwise | +$7.2M |
| Franklin | -$5.6M |
| WisdomTree | -$5.1M |
| VanEck | +$1.8M |
HYPE
Net: -$8.6M / Inflow: $0.0M / Outflow: -$8.6M
| Fund | Flow |
|---|---|
| Bitwise BHYP | -$6.9M |
| Grayscale HYPG | -$1.0M |
| 21Shares THYP | -$0.7M |
XRP
Net: +$7.4M / Inflow: +$7.4M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Franklin | +$5.1M |
| Bitwise | +$2.3M |
SOL
Net: +$7.1M / Inflow: +$8.4M / Outflow: -$1.3M
| Fund | Flow |
|---|---|
| Bitwise | +$8.4M |
| Fidelity | -$0.7M |
| Grayscale | -$0.6M |
LINK
Net: +$3.1M / Inflow: +$2.7M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$2.7M |
HBAR
Net: +$0.5M / Inflow: +$0.5M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Canary | +$0.5M |
LTC
Net: +$0.5M / Inflow: +$0.5M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Canary | +$0.5M |
DOGE
Net: +$0.3M / Inflow: +$0.3M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$0.3M |
Daily Breakdown
| Date | Net flow |
|---|---|
| Jul 20 | +$270.2M |
| Jul 21 | +$251.7M |
| Jul 22 | +$143.2M |
| Jul 23 | -$199.6M |
| Jul 24 | -$317.5M |
Biggest Fund Moves
Largest inflows
- BlackRock (ETH): +$96.3M
- Grayscale BTC (BTC): +$85.8M
- 21Shares (BTC): +$78.1M
- Fidelity (BTC): +$35.2M
- Morgan Stanley (BTC): +$15.7M
Largest outflows
- BlackRock (BTC): -$95.5M
- Grayscale (BTC): -$83.7M
- Bitwise BHYP (HYPE): -$6.9M
- Fidelity (ETH): -$6.2M
- Franklin (BTC): -$5.6M
Market Interpretation
Institutional positioning showed strong interest in Ethereum, which attracted +$103.8M, primarily from BlackRock. Conversely, Bitcoin faced significant outflows totaling -$189.9M, driven by substantial withdrawals from major funds like BlackRock and Grayscale. The best day for net flows was July 20, with +$270.2M, while the worst day on July 24 saw a sharp decline of -$317.5M, suggesting volatility in investor sentiment.
Conclusion
The week closed with a total net flow of +$148.0M, reflecting a mixed sentiment among institutional investors. While some assets gained traction, Bitcoin's outflows highlight ongoing market dynamics.