Background

Crypto Bro Apocalypse: Blackrock’s Ethereum Fund Just Got a Second Helping of Your Hard-Earned Cash

Crypto NewsEthereumRegulation/Negotiation Sam Rogers November 14, 2024

A chaotic scene of people in business attire running away from a massive cryptocurrency stock market crash, while others are shown holding Ethereum and Bitcoin signs amidst flames and smoke.

BlackRock’s Ethereum fund is like that one relative who always shows up uninvited and overstays their welcome – it just keeps coming back for more! The fact that the iShares BlackRock ETF saw a whopping $131.4 million in net inflows, its second-largest since launch (right after some record-breaking July 23 action), has got everyone wondering if this is actually what’s happening with all those crypto bros trying to get into the game.

Source: cointelegraph

Ethereum ETF total flows flip net positive after runner-up inflow day for BlackRock
https://cointelegraph.com/news/ethereum-etf-total-flows-net-positive-second-biggest-inflow-blackrock
The total flows into United States-based spot Ether exchange-traded funds (ETFs) flipped to a net positive as BlackRock’s fund recorded its second-biggest net inflow since launching in July. On Nov. 12, the nine spot Ether ETFs jointly saw $135.9 million in net inflows, following a record $295 million inflow on Nov. 11, according to data from Farside Investors.  The back-to-back inflow days tipped the nine funds’ total net flows to […]

Tagged as:

Share on

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.

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.”

More posts

Previous

Next

You may also like

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.

We are the internet’s finest destination for poking fun at the wild world of cryptocurrency! We transform the bewildering jargon and frantic hype of the crypto market into a comedy spectacle that’s almost as volatile as crypto itself.

ABOUT
CONTACT
PRIVACY
IMPRINT
© 2024 Cryptobro Magazine
X-twitter