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Ethereum and Bitcoin ETFs See Sudden Outflows Amid Market Volatility

Guavy AI Editorial Team
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US-listed Ethereum exchange-traded funds (ETFs) experienced $70.62 million in net outflows on Friday, ending a five-day inflow streak.

This marks the end of a period where Ethereum funds saw $211.25 million in net inflows from July 17 to Thursday, according to SoSoValue data.

Despite the reversal, Ethereum ETFs still posted $103.9 million in net inflows for the week ended Friday and have attracted $337.74 million in net inflows so far in July.

The outflows come as Bitcoin ETFs also end their week with outflows, following a similar pattern that saw them end a seven-day inflow streak on Thursday and record another $240.08 million in net outflows on Friday.

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