Ethereum ETFs End Five-Day Inflow Streak Amid $70M Net Outflows
US-listed Ethereum exchange-traded funds (ETFs) saw $70.62 million in net outflows on Friday, ending a five-day inflow streak, according to SoSoValue data.
The Ethereum funds had attracted $211.25 million in net inflows over the previous five sessions from July 17 to Thursday, but still posted $103.9 million in net inflows for the week ended Friday.
Despite the outflows, Ethereum ETFs extended their weekly inflow streak to three straight and have attracted $337.74 million in net inflows so far in July.