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Bitcoin vs. Ethereum ETF Battle: Who Won July?

Bitcoin vs. Ethereum ETF Battle: Who Won July?

After two consecutive painful months in which they lost billions of dollars, the spot Bitcoin ETFs finally turned the page in July, but inflows were still modest.

Meanwhile, the exchange-traded funds tracking the performance of the largest altcoin enjoyed the month more, attracting over 2x more fresh capital.

Bitcoin ETFs in July March and April were quite bullish for the spot BTC ETFs as the financial vehicles attracted well over $3 billion. However, the trend changed violently in May when they lost $2.43 billion.

June became the worst month on record, as investors pulled out just over $4.5 billion. In total, the net outflows for May and June stood at nearly $7 billion, and the cumulative total flows dropped from over $58 billion to $51 billion.

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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

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