US-listed Ethereum, Bitcoin ETFs End Inflow Streaks with Significant Outflows

Ethereum exchange-traded funds (ETFs) in the US saw significant outflows on Friday, ending their five-day inflow streak. According to SoSoValue data, these ETFs recorded $70.62 million in net outflows, following $211.25 million in net inflows over the previous five sessions from July 17 to Thursday.

Despite this reversal, Ethereum funds 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. This marks an extension of their weekly inflow streak to three consecutive weeks.

The outflows in Ethereum ETFs followed a similar pattern in Bitcoin ETFs, which also ended a seven-day inflow streak on Thursday and recorded another $240.08 million in net outflows on Friday.