- Bitcoin ETFs saw a sharp $115M outflow, breaking their recent streak, with major losses from Ark and Fidelity despite inflows from BlackRock and others.
- Ether ETFs extended their winning streak to 20 consecutive days, pulling in $17M and showcasing steady institutional confidence in ETH.
- XRP futures on CME hit record highs in volume and open interest, with $788M in OI, signaling rising institutional demand for regulated XRP exposure.
Bitcoin ETFs Bleed Out as Momentum Slips
The crypto ETF game just threw everyone a curveball. While Bitcoin ETFs lost steam with over $115 million in outflows, Ether quietly locked in its 20th straight day of inflows — not flashy, but consistent. And then there’s XRP, quietly blowing past records in futures volume and interest over at CME.
After a streak of positive days, Bitcoin ETFs finally cracked on July 31, watching $114.83 million vanish into the void. Some players — like BlackRock’s IBIT — still pulled in decent chunks ($18.6M), and a handful of others managed minor inflows. But big bleeds from Ark’s ARKB (-$89.9M) and Fidelity’s FBTC (-$53.6M) wiped all that out and then some.
Trading volume stayed strong at $3.56 billion, but the mood? Cautious. Bitcoin ETF net assets are holding steady at $152B, but that red ink might spook a few desks if the trend continues.
Meanwhile, ETH ETFs Just… Keep Going
Ether might not be making headlines every day, but it’s been stacking wins. On July 31, it chalked up Day 20 of continuous inflows, adding another $17 million to the pile. BlackRock’s ETHA dominated again, bringing in $18.2 million, while Fidelity’s FETH added a solid $5.6M.
Even with Grayscale’s ETHE dropping $6.8 million, the green streak lives on. ETH ETF volume hit $1.28 billion, with total net assets climbing to $21.5 billion. Quiet strength. That’s the vibe.
XRP Futures Are Going Nuclear
While everyone’s watching BTC and ETH, XRP is quietly taking over the derivatives game. Futures on the Chicago Mercantile Exchange (CME) are seeing a full-blown surge — volumes exploding, open interest reaching all-time highs.
CME reported record action through July:
- On July 18, XRP futures hit 14,612 contracts, totaling $126M in volume.
- Just four days later, open interest hit a peak of 4,812 contracts = $43M.
- And on July 24, another open interest record — 4,766 contracts, worth $788M.
The kicker? This is happening inside a regulated, institutional framework — not some degen offshore casino. CME’s XRP contracts are cash-settled, transparent, and compliant, making them attractive to bigger players who want exposure without regulatory headaches.
CME says its XRP futures “offer a cost-effective way to gain exposure” with the added benefits of price discovery, transparency, and real risk management tools. It’s not just hot air — the debut saw $19.3 million traded across 15 firms, from ETF giants to retail br
