Bitcoin and Ethereum Extend Streaks as Crypto ETF Demand Spreads

Crypto ETFs have seen fresh capital inflows as Bitcoin and Ethereum extend their streaks. According to data from SoSoValue, spot Bitcoin ETFs recorded $203 million in net inflows on July 21, marking the sixth consecutive day of net inflows.

This influx of money into Bitcoin ETFs has been steady over the past week, with a total of about $930 million entering these funds. BlackRock's IBIT led the flow table for the session, adding $163.9 million in net inflows, followed by Fidelity's FBTC with $23.1 million.

Ethereum ETFs also saw positive flows on July 21, with spot Ethereum funds recording $37.471 million in net inflows. This extended their three-day streak of inflows and suggests that Ethereum products are continuing to attract capital.

The data also showed smaller inflows into other assets, including SOL at $5.83 million and XRP at $5.66 million. These figures suggest that ETF demand is spreading beyond Bitcoin and Ethereum, with institutional money starting to flow across multiple crypto assets.