Bitcoin’s $3.68B Party vs Ethereum’s Great Escape šŸš€šŸ’ø

Ah, the stock market-where everyone’s a genius until the numbers don’t add up. Or, as I like to call it, ā€œThe Great Crypto Cabaret.ā€ On October 23, the U.S. spot Bitcoin ETFs recorded $20.33 million in inflows, which is basically the financial equivalent of a toddler’s ā€œI’m fine!ā€ after knocking over a vase. BlackRock’s IBIT, ever the showoff, stole the spotlight with $107.78 million. Because nothing says ā€œI’m a responsible investorā€ like watching your money multiply faster than a TikTok trend. šŸŽ©šŸ’°

Bitcoin ETF Breakdown 🧮

Bitcoin ETFs saw a combined $20.33 million in inflows, with BlackRock IBIT leading the pack. Meanwhile, Grayscale GBTC and Ark & 21Shares ARKB were busy playing ā€œPass the Tissue,ā€ shedding $60.49 million and $55.02 million respectively. Because nothing says ā€œI’m confidentā€ like crying into your portfolio. 🄺

With six out of twelve funds posting ETF action, the total trading value hit $3.68 billion. A sharp drop from the previous day, which I’m sure was a very exciting 24 hours. Net assets clocked in at $149.43 billion-6.84% of the Bitcoin market cap. Because nothing says ā€œI’m diversifiedā€ like putting all your eggs in one basket and then watching it get robbed by a hedge fund. šŸ§™ā€ā™‚ļø

Ethereum ETF Breakdown 🐲

Ethereum ETFs, on the other hand, were the party poopers, with a $127.51 million exodus. Fidelity FETH was the first to bail, taking $77.04 million with them. Like a bad date, but with more spreadsheets. BlackRock ETHA followed with $23.35 million, because even the most trusted names can’t save you from a bad investment. šŸ’ø

VanEck ETHV posted the smallest outflow of the day at $5.65 million, which is basically a ā€œI’m not leaving, I’m just… re-evaluating my life choicesā€ moment. Total trading value for Ethereum ETFs dropped to $1.52 billion. Because who needs volume when you can have drama? šŸŽ­

Market Context 🌐

Bitcoin is currently trading at $111,244.05, which is basically the same as yesterday, but with more commas. Its daily trading volume dropped to around $52.96 billion. Because who needs volume when you can have drama? šŸ§™ā€ā™€ļø

Ethereum, meanwhile, is trading at $3,970.23-3.04% higher than yesterday. But its 24-hour trading volume dipped 11.59%, reaching $37.36 billion on Friday. Because nothing says ā€œI’m stableā€ like a 10% drop in activity. šŸ“‰

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2025-10-24 14:09