US Spot Ethereum ETFs Record $600.7 Million in Net Outflows

The assessment of the statement is based on the strong, consistent evidence from high-authority sources supporting both of its constituent claims.The first part of the statement, "Bitcoin and Ethereum spot ETFs have experienced net outflows," is robustly supported by multiple primary sources. Farside Investors, CoinGlass (for both Bitcoin and Ethereum), and CoinMarketCap are all high-authority (0.90-0.95) and highly relevant data providers that directly track and confirm recent net outflows from these financial products. The consistency across these top-tier sources provides very strong validation for this claim.The second part of the statement, "...during the same period that their respective networks saw an increase in active addresses," is supported by Santiment, a crypto analytics platform with high authority (0.80) and relevance (0.90). As a primary source for on-chain data, its capacity to track metrics like 'active addresses' is credible. While it is the sole credible source provided for this specific claim, its high quality and the absence of any contradicting evidence from other reliable sources lend significant weight to this part of the statement. Other sources mentioning this metric were dismissed due to extremely low or non-existent authority and credibility.Considering both claims together, the evidence points towards the statement being true. The ETF flow data sources report on a daily and recent basis, and an on-chain analytics platform like Santiment allows for analysis over the same timeframes. With no conflicting evidence from any credible source, it is highly probable that the period of ETF outflows coincided with an increase in network active addresses. The confidence is high because the supporting sources are primary, authoritative, and directly relevant. The truth probability is set at 0.85, not 1.0, to reflect the slight uncertainty introduced by relying on a single primary source for the on-chain data component.