Ah, Bitcoin ETFs. A torrent of $935 million washing in, a veritable deluge! The seventh day, they say, of gains! One begins to suspect some Faustian bargain at play. Net assets, now a paltry $134 billion. A pittance, really. Ether ETFs, those poor relations, follow with a meager $111 million. So close to $10 billion, yet so far. One almost weeps. 😭
Bitcoin ETFs See Massive $935 Million Inflow As Ether ETFs Near $10 Billion in Assets
Institutional enthusiasm, you say? More like institutional obsession! These Bitcoin ETFs, extending their streak like a gambler clinging to a losing hand. A colossal $934.74 million, fueled by Blackrock’s insatiable hunger. One wonders, is it demand, or a carefully orchestrated illusion? 🤔
IBIT, that glutton, devouring $877.18 million. More than 93%! Such greed! Fidelity’s FBTC, a mere $48.66 million. A crumb, really. ARK 21shares’ ARKB, a pathetic $8.90 million. The others? Nothing! Not a single outflow! Unheard of! Trading volume, a staggering $5.39 billion! Net assets, $134.30 billion! Bitcoin ETFs, the new emperors of crypto exposure. But remember, empires fall. 😈
The ether market, a pale imitation of its master. Ether ETFs, five days of inflows. A paltry $110.54 million. Grayscale’s ETHE leads with $43.75 million. Fidelity’s FETH, a close second at $42.25 million. The Ether Mini Trust, a mere $18.86 million. Bitwise’s ETHW, a laughable $5.69 million. Total value traded, $697.46 million. Net assets, $9.33 billion. So near, yet so far from that $10 billion mark. Will they ever reach it? Perhaps not. 🙄
As both bitcoin and ether ETFs continue their dance with destiny, institutional conviction appears stronger than ever. But remember, pride comes before a fall. And the market? A fickle mistress indeed. 😈
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2025-05-23 18:29