1234 ET - Ethereum is off 1.3% to $1,861, after climbing to around $1,950 earlier this week. Much like bitcoin, ethereum has seen a return of capital coming from ETFs. "After a prolonged period of net outflows, these funds are now heading toward a third consecutive week of positive net inflows," says Linh Tran of XS.com in a note. Ethereum ETFs have posted five straight days of net inflows, according to data from CoinGlass --but the macroeconomic environment continues to pressure riskier assets. "In this environment, capital tends to favor cash, the U.S. dollar, and defensive assets rather than expanding aggressively into the cryptocurrency market," says Tran. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

July 24, 2026 12:34 ET (16:34 GMT)

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