From October 6 to 10, the shimmering allure of spot Bitcoin and Ethereum ETFs lured investors into a gilded cage, siphoning a combined $3.2 billion. Bitcoin ETFs, those paragons of digital alchemy, gobbled up $2.71 billion, with BlackRock’s IBIT, the market’s über-ape, devouring $2.63 billion like a gluttonous squirrel hoarding acorns. Meanwhile, Ethereum ETFs, the more flamboyant sibling, added $488 million, though BlackRock’s ETHA, a sly fox in a hedge fund’s coat, gobbled $638 million. The surge, a testament to institutional investors’ unyielding faith in the market, is less a triumph of reason and more a carnival of chaos, where numbers dance and emojis multiply. 🪙💸🧠
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2025-10-13 08:55