Netflix version has original theatrical ending.
The shark spews blood but doesn't explode. The film also fades to black as it shows the underwater shot of the shark sinking(not from Jaws). I've also got to say the effects of the shark actually look decent as it's contorting and sinking below the surface. So it seems they edited it newly for Netflix? I believe this ending is available as an extra on the Blu-ray. That original home video ending was downright embarrassing.
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