Ethereum
Ether ETFs Post $138 Million in Net Outflows Following Prior Inflows
Spot Ether exchange-traded funds recorded $138 million in net outflows last week, reversing the previous week's positive flows according to SoSoValue data.
Spot Ether exchange-traded funds in the United States recorded $138 million in net outflows last week, reversing course after attracting $690 million the week before, according to data from SoSoValue. Despite the weekly decline, year-to-date net inflows for Ether ETFs reached approximately $1.5 billion, while Ether's price gained 3% over the seven-day window to trade around $2,727.
The retreat in Ether funds contrasted with spot Bitcoin ETFs, which registered a third consecutive week of net inflows at $241.1 million, lifting total cumulative inflows to $57.8 billion. Over the same timeframe, Bitcoin advanced 3.7% to trade near $86,200.
Other digital asset investment vehicles exhibited divergent movements. Zcash funds suffered their first weekly outflow on record, losing about $94 million, while Solana and XRP products saw additions of $2.4 million and $4.7 million, respectively. Overall crypto market sentiment softened slightly, as the Crypto Fear & Greed Index dipped from 74 to 70.
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