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Bitcoin and Ethereum Funds Suddenly Remember How to Do Their Jobs, Net Inflows Pour in Like Water From the Sky

BitcoinCrypto NewsEthereum 1 Barry Thompson August 16, 2024

An illustration of two overflowing buckets with water pouring out from them, one labeled as 'Bitcoin' and another as 'Ethereum', both surrounded by coins floating upwards into the air; an upward trend line is visible behind. In the background, waves are depicted moving up towards a rising sun symbolizing growth and increase in value. The overall atmosphere of the scene conveys abundance, prosperity, and positivity. A subtle gradient effect gives depth to the image while maintaining its vibrant colors.

Oh boy, it’s time for another thrilling episode of “Crypto ETFs: Where The Money Flows (Or Not)”. And what do we have today? A bunch of funds that nobody uses anymore suddenly getting some inflows! Who would’ve thought?! It’s like a miracle

Source: bitcoin.com

Crypto ETF Market Sees Turnaround: Bitcoin and Ethereum Funds Net Inflows
https://news.bitcoin.com/crypto-etf-market-sees-turnaround-bitcoin-and-ethereum-funds-net-inflows
U.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s trading. On Aug. 12, 2024, both spot bitcoin (BTC) and ethereum (ETH) ETFs experienced inflows, marking a shift from the recent trend of outflows. According to data from sosovalue.xyz, ETH ETFs brought in $4.93 million, a modest amount compared to […]

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About the author

Barry Thompson

Barry’s crypto nightmare began when he bought Bitcoin at $3, thinking he’d stumbled upon the financial opportunity of a lifetime. He sold his stash at $100, only to watch in dismay as Bitcoin soared to absurd heights. Now, Barry channels his rage into scathing articles about the crypto circus, seething with resentment at the digital gold rush he barely missed. His motto: “I sold out at $100, but the joke’s on me because the real joke was believing in this absurd circus.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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