Bitcoin Ethereum ETFs Attract $120 Million Inflows July 8

On July 8, Bitcoin and Ethereum ETFs attracted over $120 million in net inflows, indicating a robust appetite for crypto investments among both institutional and retail investors. This surge in interest is notable given the recent market fluctuations, suggesting that investors are increasingly viewing digital assets as a viable and attractive investment option.

Bitcoin ETFs led the way with approximately $75.3 million in net inflows, reflecting a continuing trend of capital moving into digital assets through regulated financial instruments. This trend offers a safer and more familiar entry point for traditional investors who may be wary of the volatility and regulatory uncertainties associated with direct cryptocurrency investments.

Ethereum ETFs also saw significant activity, with $46.7 million in net inflows. The purchase of 18,400 ETH through these funds is a positive signal for Ethereum’s market sentiment, especially as anticipation builds around the potential approval of spot ETH ETFs and Ethereum’s upcoming network upgrades. This inflow suggests growing confidence in Ethereum’s long-term value and its role beyond just a digital currency — as a foundational layer for decentralized applications and smart contracts.

In total, around 696 BTC and 18,400 ETH were bought through ETFs on July 8, underscoring the growing institutional and retail interest in these digital assets. The strong ETF inflows into both BTC and ETH highlight a broader trend: institutional acceptance of cryptocurrencies is deepening. As more capital flows into ETFs, the perceived legitimacy and stability of crypto assets grow, potentially paving the way for greater regulatory clarity and even more inflows in the future.

With macroeconomic factors like inflation concerns and interest rate uncertainty, investors may be turning to crypto ETFs as a hedge — signaling a bullish sentiment in the current market climate. This trend suggests that despite recent market fluctuations, investors remain optimistic about the future of digital assets and are increasingly willing to allocate capital to this emerging asset class through regulated financial instruments.