Hark! Attend, gentle investors, and lend thine ears to a tale most curious! It appears the fickle fortunes of these… digital monies are as prone to whimsy as a nobleman’s affections! ðŸŽ
Forsooth, on this twenty-third day of October, the so-called ‘Ethereum spot ETFs’ did find themselves in a most unseemly predicament. A veritable exodus of coin, amounting to one hundred and twenty-eight million units, fled these funds! Not a single one, mind you, showed the smallest sign of refreshment – a desert of inflows, I tell thee! 🌵
But lo! A stark contrast doth present itself! Bitcoin, that sturdy patriarch of the crypto realm, basks in favor. These ‘spot ETFs’ of his did draw in a pleasing sum of twenty million, three hundred and thirty thousand units. And who, pray tell, is the prime mover in this prosperity? None other than the mighty BlackRock’s IBIT fund – a veritable magnet for coin, attracting a staggering one hundred and eight million all by its lonesome! ✨
’Tis plain to see, therefore, that the discerning investor doth presently incline towards Bitcoin. Ethereum, alas, finds itself besieged by selling pressure, a condition akin to a courtier dismissed from favour. One wonders if this represents a temporary pique, or…a more lasting displeasure? 🤔 Perhaps Ethereum should seek the counsel of a more fashionable advisor, lest it fade entirely from fashionable circles! 💸
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2025-10-24 09:52