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Ethereum Spot ETFs Reverse Course After Five-Day Inflow Streak

Guavy AI Editorial Team
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ETH
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Ethereum spot exchange-traded funds (ETFs) saw a reversal in demand after a five-day streak of inflows, reporting $70.62 million in net outflows on Friday.

The funds brought in $211.25 million over the prior five sessions from July 17 through Thursday, but ended with $103.9 million in net inflows for the week ended Friday.

Despite this dip, Ethereum spot ETFs extended their weekly inflow streak to three straight weeks and have attracted a total of $337.74 million in net inflows so far in July.

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