July 29 ETF Flows Favor Bitcoin, Solana and XRP
Bitcoin, Solana, and XRP spot ETFs recorded net inflows on July 29, while spot Ethereum ETFs posted net outflows.
- Bitcoin spot ETFs attracted $32.11 million in net inflows.
- Solana and XRP spot ETFs also recorded positive flows of $19.06 million and $584,710, respectively.
- Ethereum spot ETFs saw $18.65 million in net outflows.
The latest July 29 ETF flows revealed a mixed picture across major cryptocurrency investment products. According to the daily data, Bitcoin, Solana, and XRP spot ETFs attracted fresh capital, while Ethereum spot ETFs experienced net withdrawals.
Bitcoin spot ETFs recorded $32.11 million in net inflows, extending institutional demand for the largest cryptocurrency. The positive inflows suggest investors continue to view Bitcoin as a preferred digital asset despite broader market volatility.
Meanwhile, Solana spot ETFs posted $19.06 million in net inflows, reflecting sustained interest in the Solana ecosystem and its growing presence among institutional investors.
Ethereum Faces Outflows While XRP Stays Positive
In contrast to Bitcoin and Solana, Ethereum spot ETFs recorded $18.65 million in net outflows on July 29. The withdrawals indicate that some investors reduced exposure to Ethereum-based investment products during the session.
Despite Ethereum’s negative flows, XRP spot ETFs remained in positive territory, attracting $584,710 in net inflows. Although smaller in value than Bitcoin and Solana, the inflows demonstrate continued investor interest in regulated XRP investment products.
Institutional Interest Remains Selective
The latest July 29 ETF flows highlight that institutional capital continues to enter the crypto market, but investors are becoming increasingly selective in their allocations.
Bitcoin remains the leading destination for new investment, while Solana continues to gain traction among institutional participants. Ethereum’s outflows suggest short-term caution, though daily ETF flows often fluctuate based on market sentiment and portfolio positioning.
Market participants will continue monitoring ETF activity in the coming sessions to determine whether Bitcoin and Solana can maintain their momentum and whether Ethereum returns to positive inflows.
