Crypto ETFs: Blackrock Saves the Day, Again! 🚀💰

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So, Bitcoin ETFs ended the week with $223 million in net inflows, and Ether ETFs somehow managed $48 million despite everyone running for the hills. Blackrock, of course, was the hero we didn’t know we needed. 🦸♂️

Bitcoin and Ether ETFs: Green is the New Black (rock) 💚

Another week, another crypto rollercoaster. 🎢 Both Bitcoin and Ether ETFs closed in the green, pulling in a cool $271 million on Friday. Strength? Sure, if you ignore the chaos underneath. 🤷♂️

Bitcoin ETFs? All eyes on Blackrock’s IBIT, which single-handedly brought in $246.11 million. Meanwhile, Grayscale’s GBTC was like, “Hold my beer,” and lost $23.50 million. Trading was lit, though-$2.93 billion changed hands. Total assets? $152.31 billion. Not too shabby. 🤑

Ether ETFs? More like a soap opera. Blackrock’s ETHA was the star with $144.29 million in inflows, but seven other funds were like, “We’re out.” Fidelity’s FETH led the exodus with $53.40 million, followed by a bunch of others. Net result? Still positive at $47.75 million. Go figure. 🤦♂️

Despite the drama, net flows were up, and Blackrock kept the ship afloat. Total value traded? $1.67 billion. Net assets dipped slightly to $29.64 billion, but hey, it’s crypto-what did you expect? 🎭

Blackrock’s dominance? Unstoppable. While everyone else was sweating, they were like, “We got this.” Institutional demand for their funds kept the market green. Larry’s take? It’s like watching a sitcom where Blackrock is the only character who knows the script. 📈😂

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2025-09-22 18:47