Bitcoin ETFs Swoon Like a Victorian Hero While Ether Steals the Spotlight

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Imagine, if you will, the dazzling spectacle: Bitcoin ETFs, after an intoxicating four-day soirée of inflows, now stumble home with $96 million less in their pockets—courtesy of Fidelity’s FBTC, which, like any sensible guest, knew when to leave the party before dawn. Meanwhile, Ether ETFs—heretofore content to watch from the corner—sashay into the ballroom with a $13.37 million inflow, the social coup of the week. 🥂💸

Is Fidelity Breaking Up With Bitcoin or Merely Playing Hard to Get?

It’s never pleasant to witness a streak end, whether in affairs of the heart or the markets. Bitcoin ETFs, having basked in the limelight for four magnificent days, finally encountered—quelle horreur!—a reversal. The result: a net outflow of $96.14 million, as if the market itself had suddenly remembered it left the oven on. 🏃‍♂️🔥

Fidelity’s FBTC snatched away $91.39 million with the elegance of a duchess leaving an insipid conversation. Even Hashdex’s DEFI, the wallflower of ETFs, managed to excuse itself with a $4.75 million exit. Yet, like a stubborn phoenix, trading value held firm at $2.95 billion, and net assets reclined at a rather enviable $122.92 billion—though possibly in need of a strong cup of tea.

Source: Sosovalue. “Art is the only serious thing in the world. And the artist is the only person who is never serious.”

Meanwhile, in another corner of the drawing room, Ether ETFs staged an entrance worthy of Lady Bracknell herself. With a dashing $13.37 million in inflows—their finest since anyone last remembered their names—Grayscale’s Ether Mini Trust alone attracted $7.36 million. Franklin’s EZET and Vaneck’s ETHV, ever the loyal supporting cast, provided $3.06 million and $2.95 million, proving there’s always room for a sequel.

As ether traded madly to the tune of $795.56 million and net assets pirouetted to $9.27 billion, the fickle affection of investors appears once more up for grabs. Bitcoin may be caught in a bout of existential ennui, but ether’s revival hints that, when it comes to digital assets, the only certainty is the delightful uncertainty of it all. 🎩📉📈

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2025-05-14 16:35