The recent surge in Ethereum ETF demand has finally cooled. After enjoying five consecutive days of positive inflows, the funds slipped into the red, marking a definitive end to their brief momentum as investors took a more cautious stance heading into the weekend.
Despite the end of this daily streak, the broader outlook remains cautiously optimistic. Both Ethereum and Bitcoin investment products managed to secure a third straight week of cumulative net inflows, suggesting that institutional interest hasn't vanished despite short-term volatility.
Bitcoin ETFs were not immune to the bearish sentiment, recording a second consecutive day of net outflows. This cooling trend highlights the tug-of-war currently taking place between traders looking to capitalize on recent price action and long-term holders maintaining their positions.
Market analysts are keeping a close watch on these flows as a barometer for institutional health in the crypto space. While the weekly data remains positive, the mid-week reversal underscores the ongoing sensitivity of spot ETFs to broader macroeconomic signals and shifting risk appetite.
