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Crypto

Ethereum ETFs Suffer Reversal as Price Drops

Guavy AI Editorial Team
Instruments
ETH
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Ethereum ETFs in the US experienced $70.62 million in net outflows on Friday, putting an end to their five-session run of positive flows as cryptocurrency prices dipped from weekly highs.

Despite this reversal, these funds still finished the week with a net inflow of $103.9 million, extending their weekly inflow streak to three consecutive weeks.

This follows $211.25 million in net inflows between July 17 and Thursday, and $337.74 million in total for July so far.

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