Crypto ETF Outflows Surge to $310M as Ethereum Funds See Sudden Reversal

U.S.-based spot Bitcoin and Ethereum exchange-traded funds (ETFs) saw significant outflows on July 24, totaling $310.62 million.

This reversal marked a sharp departure from the preceding period of relative calm for crypto ETFs, which had been attracting capital.

The Ethereum sector was particularly affected, with funds experiencing their first outflow in five consecutive trading sessions, shedding $70.62 million on that day.

Bitcoin ETFs accounted for the majority of the losses, with $240 million in net outflows.