👑 The Elusive Crypto Kingpin: Bitcoin and Ethereum Face a Government Shutdown Showdown! 🎭

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In a tale as spun by fate itself, the 30th of September unraveled its twisted narrative-spot ETFs, alongside Bitcoin and Ethereum, plummeted in their inflows with the grace of a clumsy ballerina. As per the grand scrolls of SoSoValue, Bitcoin drew in $426.96 million, with only a meager four of its ETFs boasting gains, whereas Ethereum, the burgeoning upstart, scraped together a modest $127.47 million.

Then came the event no less calamitous than an ill-fated Hamlet soliloquy-the U.S. government, in a display of bureaucratic bravado, announced its own form of absurdist theater by shutting down on October 1, 2025, failing to pass the federal budget. The crypto market, much akin to a beast distressed by the roar of thunder, remained poised to froth amid turbulence. The gap in governance promised delays in the awaited regulatory reviews, casting a chill on the nascent hopes of Bitcoin and Ethereum ETFs.

Bitcoin ETF Exposé

As records show, Bitcoin ETFs accrued a fortuitous $429.96 million in net inflows. Leading the eco-system of inflows stood the valiant BlackRock IBIT, commanding $199.43 million, followed by the somewhat equally stately Ark and 21Shares ARKB with their half a billion in tow. Bitwise BITB and grandiose Fidelity FBTC joined the dance with $70.09 million and $54.70 million in respective riches.

With merely four of their twelve warriors reporting inflows, the total trading value plummeted to a disappointing $3.26 billion. Their net assets, while worth the mountainous figure of $150.77 billion, were but a modestly epic 6.60% of Bitcoin’s grand market cap.

Ethereum ETF Exposition

In a twist worthy of the finest satirical playwright, Ethereum ETFs recorded an understated $127.47 million in inflows, with BlackRock ETHA alone shuffling onto the scene. The other eight ETFs remained as immovable as the stoic mountains, offering neither inflow nor outflow on the fateful Tuesday.

Despite the trivial inflow, Ethereum’s ETFs showed little variation in trading value from the previous act. Their net assets fell slightly to $27.40 billion, a mere 5.41% of Ethereum’s majestic theatre of the market cap, whilst their entire trading volume floated at an undulating $1.46 billion.

Market’s Columbian Vigil

Bitcoin, now trading at $114,592, progressed as steadily as the sun’s journey across the sky, displaying a market cap of $2.83 trillion and a daily volume humming at $57.418 billion. Ethereum, trading at $4,150.85, boasted a market cap of $500.624 billion, with its daily volume crawling at $33.974 billion, witnessing a trifling decline from the day prior.

Enthralled by the delirium of past October markets, one might prophesize Bitcoin’s impending surge. Meanwhile, Ethereum basks in the institutional limelight, driven by the dazzling allure of decentralized finance, NFTs, and those tricky but beguiling smart contracts.

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2025-10-01 10:35