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BROKE FREAKS SPEND ALL LIFE SAVINGS ON BITCOIN: Officials Left Scratching Heads as $1.38 Billion Vanishes Down Crypto Rabbit Hole

An illustration of an alligator's head surrounded by chaotic stock market screens displaying rapidly rising cryptocurrency prices, with dollar signs swirling around it like flames.

Crypto bros are officially losing their minds – or should I say, they’re just making it easier to spot them from space? A whopping $1.38 billion flooded into US Bitcoin exchange-traded funds (ETFs) on Nov 7th, with Blackrock’s IBIT raking in the lion’s share of that cash ($27 BILLION and counting). You know what this means – more crypto bros doing keg stands while screaming ‘HODL!’ at the top of their lungs. It’s like watching a train wreck in slow motion, folks.

Source: bitcoin.com

U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. The staggering inflow of $1.38 billion into bitcoin ETFs set the record for largest single day inflow so far. According to data from Sosovalue, 8 of the 12 listed bitcoin ETFs saw inflows with Blackrock‘s IBIT grabbing the lion’s share of $1.12 billion. The $1.12 billion inflow for Blackrock’s ETF was also a first, since […]

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