ETFs Save Bitcoin?! 😱
BlackRock’s IBIT, that behemoth of finance, deigned to accept $38.2 million into its coffers. Ark and 21Shares, in their humble pursuit of relevance, managed a meager $13.4 million. Bitwise’s BITB, not to be outdone, scraped together nearly $11 million. Even Grayscale’s “Mini” Trust (mini indeed, like the hopes of the common investor!) and Franklin’s EZBC (easy for whom, one wonders?) joined the fray, desperately clinging to the fleeting coattails of this ephemeral recovery. 💸