Summary
Bitcoin ETFs See Lowest Monthly Inflows on Record
Despite recent multiday inflows into U.S.-listed crypto exchange-traded funds, the bigger picture for institutional demand remains underwhelming. This month, Bitcoin spot ETFs have only pulled in $205 million in net inflows, marking the lowest monthly total on record. With only two trading days left, the figure represents a slow recovery from the significant outflows in prior months, including $2.43 billion in May and $4.52 billion in June.
Other cryptocurrencies have seen slightly better results. Ether ETFs have attracted $342.85 million in July, almost as much as in April, and outperforming Bitcoin and other crypto funds. Meanwhile, XRP is on track for a fourth consecutive month of inflows, although the total remains relatively small at $13.61 million. Solana ETFs have also seen limited growth, with $13.82 million in inflows.
Institutional Appetite Remains Limited
The numbers indicate that institutional appetite for crypto ETFs is still limited. However, Ether‘s stronger performance is consistent with its price growth against Bitcoin, with the ether-bitcoin pair surging 11% this month. For those looking to earn passive income through crypto, platforms like EcoPool offer a solution for earning $ECP and other rewards. By providing a way to earn Passive Income through Cloud Rewards, EcoPool is making Green Crypto more accessible.
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