Ethereum ETFs close week in red after five-day streak
US-listed spot Ethereum ETFs close week with $70.62 million in Friday outflows, snapping a five-day inflow streak. Weekly net inflows still totaled $103.9 million, extending a three-week streak. Bitcoin funds also saw Friday outflows as ETH and BTC pulled back from weekly highs.
Key Takeaways
- Spot Ethereum ETFs recorded $70.62 million in net outflows on Friday, ending a five-day inflow streak.
- Despite the red day, the funds still posted $103.9 million in net inflows for the week and extended a three-week weekly inflow streak.
- Bitcoin ETFs logged a second day of outflows at $240.08 million on Friday after ending a seven-day inflow streak on Thursday.
- July inflows remain positive: $337.74 million into Ethereum ETFs and $233.96 million into Bitcoin ETFs so far this month.
Spot crypto ETF flows have become one of the market’s most closely watched gauges of demand for Ether (ETH) and Bitcoin (BTC) through traditional investment products. According to data cited by Cointelegraph from SoSoValue, Friday’s reversal did not wipe out the broader weekly gain for Ethereum funds.
For more market flow coverage, see BlasterPost’s Fintech & Crypto Alerts hub. The Friday print broke a five-day daily streak, while the week as a whole stayed in positive territory.
Why did Ethereum ETFs close the week in red?
US-listed spot Ethereum ETFs logged $70.62 million in net outflows on Friday. That print ended a five-day inflow streak that had brought $211.25 million in net inflows across the previous five sessions from July 17 through Thursday.
The Friday outflows flipped the daily streak, which is why the week closed in red on a session basis. Still, for the full week ended Friday, Ethereum ETFs posted $103.9 million in net inflows. That weekly total kept their weekly inflow streak alive at three consecutive weeks.
Although other jurisdictions, including Hong Kong, have launched similar funds, US-listed ETFs account for the vast majority of assets and trading volumes. That makes the US flow print central to how investors read demand for ETH via regulated products.
Did Bitcoin ETFs follow the same pattern?
Yes. Bitcoin ETFs ended a seven-day inflow streak on Thursday and then recorded another $240.08 million in net outflows on Friday. The late-week fade followed a similar pattern to Ethereum funds after a multi-day inflow run.
Even so, Bitcoin ETFs also extended their net inflow streak to three consecutive weeks, adding $103.90 million during the week ended Friday. So far in July, Bitcoin ETFs have attracted $233.96 million in net inflows after a record June that saw $4.5 billion flow out of the funds.
Price action lined up with the softer daily flow tone. BTC traded just under $64,000 at the time of the report, tumbling from the week’s high of $66,892 on Tuesday. ETH traded at $1,837, down from Wednesday’s weekly high of $1,954, according to CoinGecko figures cited in the same report.
What do the weekly and monthly inflow streaks show?
Daily outflows grabbed attention, but the weekly and monthly totals for Ethereum ETFs remained positive. July net inflows of $337.74 million show that Friday’s $70.62 million outflow did not erase the month’s demand.
Both Ethereum and Bitcoin ETFs extended weekly inflow streaks to three straight weeks. That split—broken daily streaks versus still-positive weekly and monthly ledgers—is the main takeaway from the Friday data.
In short, Ethereum ETFs close week with a mixed scorecard: a snapped five-day daily streak, a second day of Bitcoin ETF outflows, and another week of net inflows that keeps the broader July trend intact.