Crypto Craze: $2.5B Pouring In as Prices Sink-What’s the Joke?

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Ah, the spectacle of modern finance! Last week, crypto fools and prophets alike threw their coins into the roaring fire, netting a modest $2.5 billion despite prices doing their best impression of a rollercoaster-BTC nosedived from its shiny summit, dropping below a hundred and eight thousand, after flashing above a hundred and thirteen thousand like a bragging peacock. 🎢

And Ether? The brave little ether, started the week at over four thousand six hundred, but by the weekend, it stumbled down below four thousand three hundred-just enough to make you wonder if the market’s got a sense of humor, or just a cruel streak.

Spot Ether ETPs: The Queens of the Game

Last week’s cash rush was a comical rebound after a $1.4 billion mass exodus-a reminder that even in chaos, some cling to hope, or perhaps just stubbornness. Still, they couldn’t beat July’s record of a whopping $4.4 billion. Talk about a hero with a slow walk to greatness!

Meanwhile, the noble Ether ETF kept its throne, scooping up $1.4 billion-because who doesn’t love a good gamble? Bitcoin? Ah, a modest $748 million-like a crab scuttling behind the main street performer, trying to get noticed. 🦀

Both Ether and Bitcoin ETFs snapped their streaks last Friday-six days for Ether, four for Bitcoin-proving that even the most stubborn streaks can be broken by a day of bad luck or just bad judgment, according to SoSoValue’s cryptic data.

Meanwhile, Solana and XRP, always optimistic, snatched inflows of $177 million and $134 million respectively, eyes twinkling with dreams of U.S. ETF approval. Who said hope is dead? Certainly not those clinging to the crypto rollercoaster! 🎢

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2025-09-01 12:23