Ethereum ETFs End Five-Day Inflow Streak After Friday Outflows

US-listed spot Ethereum exchange-traded funds recorded $70.62 million in net outflows on Friday, ending a five-day inflow run, according to SoSoValue data. The funds still posted $103.9 million in net inflows for the week and have attracted $337.74 million in net inflows so far in July.

SoSoValue shows the ETFs had taken in $211.25 million across the five sessions from July 17 through Thursday before Friday’s reversal. The week marks the third consecutive weekly inflow for U.S.-listed spot Ethereum ETFs.

Bitcoin-focused ETFs experienced a similar reversal. Bitcoin products ended a seven-day inflow streak on Thursday and recorded $240.08 million in net outflows on Friday. For the week, Bitcoin ETFs logged $103.90 million in net inflows and $233.96 million so far in July, following about $4.5 billion of outflows in June.

At the time of reporting, Bitcoin traded just under $64,000, down from a weekly high near $66,892, while Ether traded around $1,837, below a weekly peak near $1,954. Rising U.S. Treasury yields and shifting expectations for Federal Reserve policy were cited by market participants as factors that can affect short-term crypto prices and investor demand for risk assets.

A separate analysis by crypto management platform XWIN estimated that a mature spot Bitcoin ETF market in Japan could reach about $18.4 billion, equal to roughly 0.13% of the country’s $14.6 trillion in household financial assets. The projection assumes demand from existing crypto holders, new retail investors using brokerage accounts and institutional allocators. XWIN wrote, “The key is access,” and described the $18.4 billion figure as an “achievable upper-end market scenario.” The analysis noted that U.S. spot Bitcoin ETFs, excluding Grayscale’s GBTC, have accumulated roughly 1 million Bitcoin.

Friday’s outflows reversed several days of inflows for both Ethereum and Bitcoin ETFs. Market participants and investors will be watching daily ETF flows, price movements and regulatory developments for further signals on demand for crypto exposure through regulated funds.