Spot bitcoin and Ethereum ETFs attracted a combined $137.69 million during the week of July 20-24, 2026.
Ethereum funds outpaced bitcoin ETFs by nearly three times–$103.9 million vs $33.79 million. Both categories posted their third consecutive week of net inflows. Over the past three weeks, US bitcoin spot ETFs attracted more than $306 million, while Ethereum ETFs brought in nearly $294 million.
Hot topic: PlanB Comes Out Against BIP 110 Bitcoin Fork
On the news, Ethereum (ETH) hit a two-month high above $1,970. At the time of publication, the token has pulled back slightly to $1,945, up 3% on the day.
Contents
Ethereum Outperforms Bitcoin in ETF Flows and Price
Over the week, bitcoin (BTC) rose roughly 1%, while Ethereum climbed 5%. Since June 29, BTC▲$62,630.00 is up 10%, ETH 24%.
The ETH/BTC ratio hit 0.03–its highest since late April. The pair broke above its 200-day moving average for the first time since January, potentially signaling an altcoin season–though bitcoin still dominates with a 59% market share.
The Crypto Fear and Greed Index rose to 30–still “fear” territory, just shy of “extreme fear.” Among altcoin ETFs, XRP▲$1.13 and SOL▲$82.41 led with $8.15 million and $7.2 million, respectively. HYPE▲$70.78 ETFs were the only major altcoin funds to post outflows for the week.
Read more: Ethereum ETFs Are Back — Could Institutional Money Finally Ignite the Next ETH Rally?
Macro Backdrop and Analyst ETH Price Prediction
CoinEx Chief Analyst Jeff Ko said bitcoin is likely to stay range-bound. He highlighted three stabilizing factors:
- Oil pulled back from highs after another pause in the US-Iran conflict
- 10-year Treasury yields near 4.7%, doing part of the Fed’s tightening work
- The Fed remains flexible ahead of Q2 PCE and GDP data
Ko called corporate earnings the key factor this week–Apple, Microsoft, Meta, and Amazon report results. Their free cash flow and AI spending guidance could affect Treasury yields and Nasdaq, indirectly influencing crypto flows. He stressed that ETF flow structure will be as important as headline numbers.
Read more: Why Is XRP Underperforming? 3 Reasons Ripple Still Can’t Catch Up With the Crypto Market
Ethereum Staking Hits Record — No One Wants to Withdraw
The ETH staking withdrawal queue is completely empty–validators can exit immediately. That contrasts with Q3 2025, when withdrawal wait times reached 45 days and about 2.6 million ETH were waiting. Now, more than 2.5 million ETH are waiting to enter staking, with activation delays around 44 days. Investors are willing to wait a month and a half to start earning rewards.
Nearly 41 million ETH are now staked–33.6% of total supply, a record. One in three ETH is now staked, not on exchanges or in active circulation. Despite staking yield falling from 3.05% to 2.62% and issuance rising from 0.757% to 0.842%, staking interest remains high.
Learn more: Best Crypto Staking Platforms 2026 — A Tested U.S. Review of Rewards, Fees, Security, and Risks
