Ah, the fluctuating fortunes of digital dust! It appears the so-called āSpot Bitcoin ETFsā in the United States experienced a rather vulgar expulsion of $253.4 million on Thursday. A tidy sum, one might say, vanishing into the ether as the celebrated Bitcoin demonstrated a regrettable, if predictable, weakening.
The weekly outflow – accumulating to a rather gloomy $480 million – suggests a certainā¦disaffection. And Friday, dear reader, promises a further descent as BTC stumbles below those meticulously charted ‘support levels.’ Support! Such a quaint notion, implying a gentle cradling where, in reality, there is only gravity and the insatiable appetite of the market. It didn’t even reach the previous nadir of $107,500. A near miss, you understand, which only heightens the suspenseā¦or the boredom, depending on your temperament. š“
A Fickle Affection
BlackRockās IBIT, bless its diligent algorithms, managed a fleeting inflow of $78 million. A lone buoy in a sea of red. Its rivals-Fidelity, Bitwise, ARK 21Shares, that unfortunate Franklin, VanEck and the ever-enigmatic Grayscale-emptied their coffers with an almost theatrical flair. One wonders if a small, spiteful puppeteer is at work.
This cooling, you see, follows a period of rather uncouth enthusiasm – a whopping $57 billion in inflows. Not entirely catastrophic, of course. BlackRock, in its steadfastness, hasnāt experienced an outflow in three weeks, despite this minor marketā¦ wobble. Remarkably consistent, isn’t it? Almost suspiciously so. š¤
Blackrockās Bitcoin ETF, $IBIT, bought:
1,900 Bitcoin this week (Mon-Thur)
7,500 Bitcoin last week
9,100 Bitcoin 2 weeks ago
3,750 Bitcoin 3 weeks ago
2,225 Bitcoin 4 weeks ago
– HODL15Capital (@HODL15Capital) September 26, 2025
And, as if to demonstrate a comprehensive lack of discernment, ‘Spot Ether funds’ joined the exodus, with a similar $251 million departed. Add that to the $547 million already gone, and one has a rather convincing portrait of panic. The asset itself, naturally, ‘tanked’ – a particularly unsubtle verb – by double digits in less than a week. Such volatility! Itās almostā¦ charming.
But fear not, for progress marches on! (Or, at least, shuffles hesitantly forward). The Securities and Exchange Commission discussed the ātokenization of ETFsā with VanEck. A discussion! Imagine the gravity of that. The āimplicationsā and the ārole of the underlying issuerā – weighty matters indeed. It could, apparently, be ‘very bullish’ for Ethereum, the industry standard, the darling of developers. A rather dramatic assertion, wouldn’t you agree? š
Top 10 ETF issuer VanEck met w/ SEC Crypto Task Force todayā¦
Look at this agenda.
āDiscuss implications of tokenization of ETFs & the role of underlying issuer.ā
Hope youāre paying attention.
– Nate Geraci (@NateGeraci) September 26, 2025
A Cornucopia of Novelties
This week, it seems, has been one of manic activity. A ‘first Ether staking ETF’ launched, and Bitwise filed for a ‘Hyperliquid ETF’ – a name seemingly designed to induce vertigo. And the Hashdex Nasdaq Crypto Index US ETF was approved! Approval! Oh, the bureaucratic ballet. BlackRock, never one to be outdone, is registering iShares Bitcoin Premium ETF, a ‘covered call Bitcoin strategy’ designed to extract a ‘yield.’ A yield, you understand, from the tempestuous sea of cryptocurrency. A rather neat trick, if one can pull it off. š°
āThey are going to build around BTC and ETH and lay off the rest, at least for now,ā an ‘ETF expert’ declared. A ruthless pragmatism! The other coins, left to languish in the shadows. A cruel, but perhaps necessary, culling. It’s all terribly fascinating, isn’t it? Like watching brightly colored fish in a tank – beautiful, ephemeral, and ultimately, inconsequential.
Read More
- ETH PREDICTION. ETH cryptocurrency
- USD CNY PREDICTION
- Gold Rate Forecast
- USD VND PREDICTION
- EUR USD PREDICTION
- Brent Oil Forecast
- USD RUB PREDICTION
- Silver Rate Forecast
- Shocking! Genius Act Gives Crypto a Glow-Up ā Jokes, Dollars & Digital crazy!
- GBP MYR PREDICTION
2025-09-26 10:38