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

By: theblockbeats.news|2025/08/16 04:11:31

BlockBeats News, August 16th, according to market data, as the prices of Bitcoin and Ethereum fell, altcoins generally followed suit, including:

ETH 24-hour decline 4.27%, currently priced at $4,435

ARB 24-hour decline 8.15%, currently priced at $0.48

CRV 24-hour decline 5.57%, currently priced at $0.8713

EIGEN 24-hour decline 5.67%, currently priced at $1.348

As for spot ETF data, yesterday the U.S. Bitcoin and Ethereum spot ETFs both saw net outflows, with Bitcoin ETF net outflows of $14.01 million and Ethereum ETF net outflows of $59.30 million. Excluding the net inflow data of the BlackRock ETF, other Bitcoin ETFs saw a total net outflow of $128.5 million and Ethereum ETFs saw a total net outflow of $397.4 million.

Regarding U.S. stock market-related coins, on Friday the U.S. stock market's three major indexes closed with mixed gains and losses, while cryptocurrency stocks generally fell, with the new stocks Bullish (BLSH) down 6.82%, Bitmine (BMNR) down 4.37%, and SharpLink Gaming (SBET) down 15.50%.

Yesterday the United States Bitcoin spot ETF saw a net outflow of $14.1 million

UAE Travelers Can Purchase Airline Tickets Using Cryptocurrency Through Multiple Airlines