Bitcoin Bites Back! 🤑 ETH Left Crying in Its Crypto Wallet 😭

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Well, knock me down with a feather and call me surprised! 🦢 The spot Bitcoin ETFs have waltzed in with a cool $4.61 billion in net inflows, leaving poor old Ethereum ETFs in the dust for the first time in weeks. Who’d have thunk it? Not Nanny Ogg, that’s for sure.

This, my dear readers, is what we in the biz call a “rotation in institutional sentiment.” Fancy talk for “Bitcoin’s back, baby, and it’s brought its big stick.” 🦴 After a brief moment of Ethereum’s shine, Bitcoin’s reclaimed its throne like a wizard reclaiming his staff from a particularly stubborn troll.

Investors Swap ETH for BTC Like It’s Going Out of Fashion

CryptoQuant’s very own Maartun (no relation to the famous Maartun the Magnificent, I’m told) chirped on X that the ETF flow dynamics have done a merry little jig. Bitcoin’s nabbed $4.61 billion in inflows, while Ethereum’s trailing behind with a mere $1.05 billion. “The rotation is clear: ETH → BTC,” he quipped, probably while sipping a cup of tea and stroking a cat. 🐱

“The rotation is clear: ETH → BTC,” he added, as if we couldn’t read the chart ourselves. 📉

Speaking of charts, the ETH/BTC price has taken a tumble, suggesting investors are jumping ship faster than a pirate with a sudden case of seasickness. 🌊

Now, let’s not forget that spot ETH ETFs were the belle of the ball in 2025, outperforming Bitcoin ETFs like a show-off at a village fête. Institutional interest was climbing faster than a golem on a sugar rush, with weekly inflows hitting $2.3 billion in August. By October, they’d racked up $14.4 billion in net investments and over $30 billion in AUM. But, as they say in Lancre, pride comes before a fall. Or in this case, a Bitcoin comeback. 🏆

SoSoValue (a name that sounds like it was picked by a committee of confused gnomes) spilled the beans that spot BTC ETFs raked in $1.19 billion on October 6. BlackRock’s IBIT led the charge with $969.95 million, followed by Fidelity’s FBTC with $112.32 million. Not too shabby, eh? 💼

Meanwhile, spot ETH ETFs managed a modest $233.55 million on the same day. BlackRock’s ETHA chipped in $92.59 million, Bitwise’s ETHW added $26.99 million, and Fidelity’s FETH brought up the rear with $23.52 million. Poor dears. They’re like the second fiddle in a band no one’s ever heard of. 🎻

BlackRock’s IBIT: The Tortoise That Became a Hare

Now, let’s talk about the real star of the show: BlackRock’s iShares spot Bitcoin ETF. Nate Geraci, president of NovaDius Wealth Management (a name that sounds like it belongs in a fantasy novel), pointed out that this fund is on the cusp of hitting $100 billion in AUM. 🤑

For a bit of perspective, the world’s largest ETF, the Vanguard S&P 500 ETF, took over 2,000 days to reach that milestone. BlackRock’s IBIT? It’s about to do it in under 450 days. “Easily fastest ever,” Nate remarked, probably while adjusting his monocle. 🕶️

And here’s the kicker: only 18 out of 4,500 ETFs have ever cracked the $100 billion mark. IBIT’s not just in the big leagues; it’s the star player. Over the past year, it’s delivered a 79.82% return, including a 22.47% gain year-to-date and a 3.18% rise in the last 30 days. As of early October 2025, it’s sitting pretty with $96.2 billion in assets. This month alone, it’s pulled in $1.66 billion, bringing its total net inflows to $62.63 billion. Not bad for a fund that’s younger than most of us were when we first learned what a blockchain was. 📈

So, there you have it, folks. Bitcoin’s back on top, Ethereum’s licking its wounds, and BlackRock’s IBIT is the new kid on the block that everyone wants to be friends with. What a time to be alive. Or, as they say in Ankh-Morpork, “Bugrit.” 🌍

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2025-10-07 23:45