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

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

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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