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Ethereum Pullback Drives Altcoins Down, Spot ETFs See Net Outflows, Crypto Stocks Experience Synchronized Decline

2025.08.16 12:08:24

On August 16th, based on market data, as the prices of Bitcoin and Ethereum declined, altcoins generally followed suit. These included: ETH witnessed a 24-hour decline of 4.27% and is currently priced at $4,435. ARB saw a 24-hour decline of 8.15% and is currently priced at $0.48. CRV had a 24-hour decline of 5.57% and is currently priced at $0.8713. EIGEN experienced a 24-hour decline of 5.67% and is currently priced at $1.348. Regarding spot ETF data, yesterday in the US, both Bitcoin and Ethereum spot ETFs saw net outflows. The Bitcoin ETF had a net outflow of $14.01 million, and the Ethereum ETF had a net outflow of $59.30 million. Excluding the net inflow data of the BlackRock ETF, other Bitcoin ETFs had a total net outflow of $128.5 million, and Ethereum ETFs had a total net outflow of $397.4 million. Regarding US stock market-related coins, on Friday, the three major indexes of the US stock market closed with mixed gains and losses. Meanwhile, cryptocurrency stocks generally fell. The new stocks Bullish (BLSH) decreased by 6.82%, Bitmine (BMNR) decreased by 4.37%, and SharpLink Gaming (SBET) decreased by 15.50%.
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