BTC vs ETH vs XRP: Which ETFs Attracted the Most Money on Monday?

After a painful finish to the earlier week (and month), the spot Bitcoin ETFs started August with a bang, attracting over $170 million in web inflows.

This made them the best-performing exchange-traded funds monitoring any cryptocurrency on Monday, which has not always been the case lately.

The recent capital that entered the BTC funds on Monday is nearly the identical as the complete web optimistic for July, which was $172.42 million. At the identical time, the underlying asset rebounded from one other dip to $62,200, and jumped to $64,000 in noon buying and selling.

In distinction, the Ethereum ETFs far outperformed in July, attracting greater than $365 million final month. However, SoSoValue information exhibits that the monetary autos monitoring the largest altcoin have been really in the pink on Monday, shedding $11.42 million.

The XRP ETFs gained a modest $1.15 million, however prolonged their non-red streak, as the final day with extra withdrawals was July 8.

The Solana funds noticed no reportable motion, just like these monitoring Dogecoin, however that’s no shock since they’ve not often seen any precise inflows.

The spot HYPE ETFs, which have been as soon as the top-performing crypto funds, are on a painful streak. The final time they have been in the inexperienced was July 15. On Monday, the ETFs misplaced almost $1 million once more.

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