Larry David Taps into Crypto ETF Mania: “Can You Believe This?”

So, I’m just walking down the street, minding my own business, and what do I see? Half of the top 20 exchange-traded funds (ETFs) in the United States are linked to digital assets. 🤷‍♂️ Like, can you even believe this? I mean, who would’ve thought, right?

And get this, on Monday, some guy named Nate Geraci-sounds like a character from a bad sitcom-says more than 1,300 ETFs have launched since the start of 2024. And guess what? Crypto-linked assets are dominating the top 20 investment products in inflows. 🤯

These include Bitcoin (BTC) and Ether (ETH) ETFs, funds tracking leveraged ETH positions, and even Strategy (MSTR) exposure products. Like, why not just invest in a magic bean fund while we’re at it?

Geraci shared data that the top four overall assets by inflows are crypto-related. BlackRock’s iShares Bitcoin Trust ETF (IBIT) is leading the pack with over $57.4 billion in inflows. That’s more money than I’ve ever seen in my life, and I’ve been to a few nice delis. 😂

Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with $12.1 billion, while the iShares Ethereum Trust (ETHA) attracted $9.6 billion. And then there’s the YieldMax MSTR Option Income Strategy ETF (MSTY), which is supposed to generate monthly income with an options-writing strategy on MSTR stock. It’s in the top four with $7.2 billion in inflows. But hey, who needs a stable income when you can just bet on a company known for its Bitcoin treasury holdings? 🤷‍♂️

The top-performing crypto ETFs include five spot Bitcoin funds, two spot Ether funds, two Strategy-focused ETFs, and one leveraged ETH ETF. Outside the top four, the ARK 21Shares Bitcoin ETF (ARKB), the Bitwise Bitcoin ETF Trust (BITB), and the Fidelity Ethereum Fund ETF (FETH) were in the 11th, 12th, and 13th spots, respectively, with over $2.2 billion in inflows each. Like, what is this, a cryptocurrency bazaar?

In addition, the Grayscale Bitcoin Mini Trust ETF (BTC), 2x Ether ETF (ETHU), and Defiance Daily Target 2x Long MSTR ETF (MSTX) made the 18th, 19th, and 20th spots, respectively, with over $1.5 billion in inflows each. The rise of crypto-linked ETFs reflects investor appetite for regulated, exchange-traded exposure to digital assets, a sector long dominated by more complex investment mechanisms. 🤔

Spot Ether ETFs Record New Highs

As if this wasn’t enough, spot Ether ETFs are clocking new record inflows as its underlying asset turns bullish. In July, spot ETH ETFs recorded $5.4 billion in monthly inflows, a new all-time high. This was accompanied by a 20-day streak of inflows by spot Ether ETFs. However, this was broken in August, when ETFs showed their first outflows since the new record. But hey, no big deal. Spot ETH ETFs showed no signs of stopping, recording $1 billion in inflows on Monday, a new daily high. 🚀

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2025-08-12 16:26