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BREAKING: Crypto Broz Lose Entire Life Savings in Single Day Because Who Needs Food or Rent Anyway?

BitcoinCrypto News 1 Sam Rogers September 9, 2024

A crypto bro sits on a pile of worthless coins and papers, surrounded by empty pizza boxes and eviction notices, while in the background a giant red 'X' marks a plummeting stock chart.

The never-ending saga of crypto bros losing their shirts continues! It seems like Thursday was a particularly bad day for Bitcoin and Ethereum ETF investors, with spot bitcoin funds hemorrhaging $211 million and ether funds bleeding out at the rate of… wait for it… 152 grand. That’s right folks, these ‘investors’ are so eager to get in on the ground floor (or should I say, the bottom) that they’re willing to part with their hard-earned cash like there’s no tomorrow. And let’s be real, when you’ve got funds named after Fidelity and Grayscale losing millions of dollars a day, you know something is amiss.

Source: bitcoin.com

Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
https://news.bitcoin.com/bitcoin-etfs-lose-211-million-as-ethereum-funds-see-modest-outflows
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much smaller decline of $152,720. On Sept. 5, bitcoin and ethereum ETFs both took hits, with bitcoin ETFs leading the way in outflows. According to data from sosovalue.xyz, $211.15 million flowed out of 12 bitcoin funds. The biggest contributor to this was Fidelity’s FBTC, which alone lost $149.49 million, followed by […]

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About the author

Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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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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