🤑 ETH ETFs Bleed Out: BlackRock’s ETHA Leads the Crypo Sob Fest 🤑

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The winds howled through the canyons of Wall Street, carrying with them the mournful cries of Ethereum spot ETFs. On December 19, they bled out another $75.89 million, marking the seventh day in a row the money’s been flowing out like a busted dam. 🌊💸

  • Ethereum ETFs coughed up $75.89M, extending their losing streak to seven days. 😢
  • BlackRock’s ETHA was the lone wolf, responsible for all the redemptions, while the other ETH ETFs just stood there, watching the carnage. 🐺🤷‍♂️
  • Cumulative ETH ETF inflows shriveled to $12.44B as ETH struggled to keep its head above the $3,000 mark. 🌊💔

BlackRock’s ETHA was the star of this tragic opera, accounting for all the redemptions, while the other eight Ethereum ETFs just twiddled their thumbs, posting zero flow activity. 🎭🤡

Total net assets under management for Ethereum (ETH) ETFs withered to $18.21 billion as of December 19. ETH, poor thing, couldn’t even muster the strength to reclaim the $3,000 level, thanks to the broader crypto market’s case of the sads. 😔💸

Cumulative total net inflow across all funds dropped to $12.44 billion from $13.15 billion on December 10, the last day anyone felt like celebrating. 🎉➡️🚨

BlackRock’s ETHA: The One-Man Redemption Show

BlackRock’s ETHA posted $75.89 million in outflows on December 19, its seventh consecutive day of net redemptions. Meanwhile, Grayscale’s ETHE, Fidelity’s FETH, and the rest of the gang just stood there, as useless as a screen door on a submarine. 🌊🚪

The outflow streak started on December 11, right after a brief rally on December 10 when ETFs attracted $57.58 million. But then the bottom fell out: $42.37 million on December 11, followed by $19.41 million on December 12. It was like watching a slow-motion train wreck. 🚂💥

The bleeding hit a fever pitch mid-week with $224.78 million in outflows on December 15 and $224.26 million on December 16. Redemptions took a breather at $22.43 million on December 17 before climbing back to $96.62 million on December 18. It’s like the market was saying, “Let’s drag this out, shall we?” 🩹➡️🩸

Total value traded fell to $1.71 billion on December 19 from $2.15 billion the previous day. The seven-day outflow period has drained over $685 million from Ethereum ETFs. That’s enough to make even the most hardened investor weep into their coffee. ☕😭

BlackRock’s ETHA still holds the crown for largest cumulative inflows at $12.67 billion. Grayscale’s legacy ETHE fund, on the other hand, is nursing -$5.05 billion in net outflows since its trust structure conversion. Fidelity’s FETH has managed to scrape together $2.64 billion in total inflows. It’s a mixed bag of nuts. 🥜🤪

Bitcoin ETFs Join the Pity Party with $158M Outflows

Bitcoin (BTC) ETFs weren’t about to let Ethereum have all the fun. They posted $158.25 million in net outflows on December 19, proving that redemption pressure is the new black. 🖤💸

BlackRock’s IBIT led the charge with $173.58 million in outflows, while Fidelity’s FBTC managed to attract $15.33 million in inflows. It’s like one sibling is crying while the other is trying to cheer them up. 😭🤗

Total net assets for Bitcoin ETFs shrank to $114.87 billion, down from $122.43 billion on December 10. Cumulative total net inflow across Bitcoin funds reached $57.41 billion. It’s not all doom and gloom, but it’s close. 🌧️☔

Bitcoin ETFs saw mixed flows throughout the week. December 17 posted the strongest inflows at $457.29 million before reversing to $161.32 million in outflows on December 18. It’s like the market can’t make up its mind. 🤷‍♂️🤯

ETH has failed multiple attempts to reclaim $3,000, while BTC is struggling to keep its head above recent support levels. It’s a tough time to be a crypto enthusiast, but hey, at least we’ve got memes. 🤑🤡

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2025-12-20 18:53