Ether ETFs Extend Outflow Streak as Solana Funds End Run
Spot bitcoin, solana, and ether exchange-traded funds all logged weekly outflows following the latest trading sessions, according to TheBlock.
Spot exchange-traded funds tracking ether extended their outflow streak to nine consecutive days, while solana-based investment products snapped a record 14-week inflow run, according to data cited by TheBlock.
The broader digital asset investment product market faced negative momentum, with spot bitcoin, solana, and ether ETFs all logging weekly outflows following the latest trading sessions.
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Weekly Outflows Hit Major Crypto Funds
The shift in market flows marks a notable change in investor sentiment across several prominent cryptocurrency funds. Ether vehicles continued their prolonged withdrawal pattern, reaching a nine-day sequence of outflows.
Meanwhile, the multi-week positive streak for solana products came to a close after establishing a record 14-week run of continuous inflows.
Key facts
- Ether ETFs extended their outflow streak to nine consecutive days according to TheBlock.
- Solana funds snapped a record 14-week inflow run.
- Spot bitcoin, solana, and ether ETFs all logged weekly outflows following the latest trading period.
Source: theblock.co
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