Ethereum ETFs Lead July's Top ETF Performers
- Spot Ethereum ETFs captured nine of top 10 spots in July's ETF performance rankings.
- Each of them posted 48% returns amid the crypto rally.
- ARKZ, a futures-based ETF, took the 10th spot, followed by XRP and shipping ETFs.
Spot Ethereum ETFs dominated July's performance leaderboard among nonleveraged exchange-traded funds, claiming nine of the top 10 spots as the cryptocurrency surged 44% over the month, according to FactSet data.
ETHA, FETH Lead the Pack
Leading the pack was the iShares Ethereum Trust ETF (ETHA) with inflows of $4.2 billion over the one-month period and a 48% return, according to the data. The Fidelity Ethereum Fund ETF (FETH) followed with $619.2 million in flows and matching returns.
The Ethereum ETF surge reflects broader crypto momentum as the second-largest cryptocurrency outpaced Bitcoin's gains, with Ether trading at over $3,700 by month-end, according to CoinMarketCap data.
Rounding out the top three, the Grayscale Ethereum Mini Trust ETF (ETH) pulled in $459 million in flows, according to FactSet. The fund, along with most spot Ethereum ETFs, delivered 48% returns for the month.
Following close behind, the Bitwise Ethereum ETF (ETHW) attracted $102.7 million in flows, while the VanEck Ethereum ETF (ETHV) pulled in $28.3 million, the data show. Both funds matched the 48% performance of their peers.
Smaller players also benefited from the Ether rally. The Franklin Ethereum ETF (EZET) saw $18.8 million in inflows, while the Grayscale Ethereum Trust ETF (ETHE), the 21Shares Core Ethereum ETF (CETH) and the Invesco Galaxy Ethereum ETF (QETH) each attracted over $3 million, according to FactSet.
In the 10th spot, the futures-based ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) posted a 47% return with $2.3 million in flows, the data reveal.
Top-Performing ETFs in July
Fund | July Net Fund Flows | July Return |
$4.2B | 48% | |
$619.2M | 48% | |
$459M | 48% | |
$102.7M | 48% | |
$28.3M | 48% | |
$18.8M | 48% | |
$3.5M | 48% | |
$3.4M | 48% | |
$3.3M | 48% | |
$2.3M | 47% |
Source: etf.com & FactSet Data
Strong Ethereum Momentum Continues
In the 11th-place spot, the ProShares Ether ETF (EETH) also delivered 47% returns with $1.4 million in inflows.
Breaking the Ethereum dominance, the Breakwave Dry Bulk Shipping ETF (BDRY) posted the month's worst fund flows performance among the listed funds, losing $37.8 million despite generating a 33% return, according to FactSet. The shipping-focused fund's assets under management stood at $45.9 million at month-end.
The Volatility Shares Trust XRP ETF (XRPI) claimed the 13th spot with $105.2 million in flows and a 29% return, according to FactSet data. The XRP-focused fund benefited from renewed interest in cryptocurrencies.
Finally, the ProShares Bitcoin & Ether Equal Weight ETF (BETE) posted a 29% return and about $837,000 in flows, the data show. The gains came as crypto-friendly legislation was passed by lawmakers in July, including the CLARITY Act, which received bipartisan support.
