Ethereum ETFs broke a five-day inflow streak on Friday, closing the week in the red. Bitcoin ETFs, meanwhile, recorded their second consecutive day of outflows. Despite the Friday dip, both Ethereum and Bitcoin ETFs extended their weekly inflow streaks to three weeks — a sign that institutional demand hasn't fully cooled.
Five-day streak snaps
Ethereum ETFs had been on a roll, pulling in money every trading day since last weekend. That run ended Friday with net outflows. The exact numbers aren't public yet, but the reversal is notable after such a consistent stretch. It's the kind of flow pattern traders watch closely: a single red day doesn't break the trend, but it does raise questions about momentum.
Bitcoin outflows persist
Bitcoin ETFs saw more red ink for a second straight session. That follows a pattern of choppy flows that has defined much of July. Still, the weekly tally remained positive — the third week in a row of net inflows. That suggests the outflows are more about profit-taking than a wholesale retreat. The timing isn't great, though: two days of back-to-back selling can spook short-term holders.
The coming week will show whether Friday's moves are a blip or the start of a broader shift. No new ETF filings or regulatory moves are expected, so flows will likely drive the narrative.
