Ethereum Spot ETFs Bounce Back Amid Brief Inflow Pause
Ethereum spot exchange-traded funds (ETFs) saw a reversal in their five-day inflow streak, logging $70.62 million in net outflows on Friday.
Despite this dip, these US-listed ETFs have still maintained a three-week weekly inflow streak and have attracted $337.74 million in net inflows so far in July.
The funds accumulated $211.25 million in net inflows across five sessions leading into Thursday, indicating that the demand seen earlier in the week was not immediately erased.
In fact, for the week ended Friday, net inflows still totaled $103.9 million, meaning the reversal did not translate into a weekly loss for product flows.
The persistence of weekly inflows over three consecutive weeks points to continued interest rather than a one-off event.