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Why Bitcoin ETFs Are Still Winning (Because Everyone Else Is Too Stupid to Get Out)

Crypto NewsInstitutional Investors 1 Sam Rogers August 25, 2024

A comic illustration showing a rocket ship blasting off into space with dollar signs trailing behind it, while another spaceship crashes to earth amidst flames and smoke.

Just when I thought it was safe to go back into the water… another day, another influx of gullible idiots throwing their money at Bitcoin ETFs like they’re going out of style. And what do we get? A bunch of numbers on a computer screen getting bigger and more exciting by the minute! The thrill never ends with these crypto bros. But let’s be real, folks, it’s all just a house of cards waiting to come crashing down around their ears.

Source: bitcoin.com

Bitcoin ETFs Extend Winning Streak as Ether Funds Slip Into Red
https://news.bitcoin.com/bitcoin-etfs-extend-winning-streak-as-ether-funds-slip-into-red
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their winning streak for the sixth day in a row, amassing $64.91 million. Meanwhile, the nine spot ether ETFs experienced a modest outflow, losing $874,610. In detail, Thursday saw 12 U.S. spot bitcoin ETFs once again in the green, collectively pulling in $64.91 million. Leading the charge was Blackrock’s IBIT, which secured a hefty $75.49 million. Fidelity’s FBTC followed, adding $9.23 […]

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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.

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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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