US Spot Ethereum ETFs Snap 5-Day Inflow Run with $70.7M Net Outflow on July 24
AI Market Summary
U.S. spot Ethereum ETFs saw a $70.7M net outflow, ending a five-day inflow streak and signaling softer near-term demand even as weekly and July-to-date flows remain positive. Parallel outflows in spot Bitcoin ETFs reinforce a broader risk-off tone in ETF positioning. The flow reversal can weigh on crypto sentiment short term by highlighting investor sensitivity to price pullbacks and macro liquidity conditions.
Impact level
● Medium
Affected assets
ETH/USDT-1.45%
AI Insight · ETH/USDTAI Insight
● Neutral
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BlockBeats reports that U.S. spot Ethereum ETFs posted a net outflow of $70.7 million on July 24, ending five straight days of net inflows. From July 17 to July 24, the products attracted $211.25 million in cumulative net inflows. Even with Friday's pullback, Ethereum ETFs still finished the week in the black with $103.9 million of net inflows, extending their streak to three consecutive weeks of positive flows. Total net inflows since the start of July stand at $337.74 million.
Bitcoin ETFs also saw money leave the space. U.S. spot Bitcoin ETFs logged a net outflow of $240.08 million on Friday, snapping a seven-day inflow streak. Even so, Bitcoin ETFs recorded $103.9 million in net inflows for the week. July net inflows have reached $233.96 million, also marking three straight weeks of positive flows.
In the market, BTC slipped to around $64,000. ETH was trading near $1,854, below this week's high of $1,954.
