Crypto ETFs: When the Party Ends, Who’s Left Holding the 🍺?

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Oh, the humanity! Bitcoin ETFs waved goodbye to $227 million, and Ether ETFs had their fourth straight day of “nope, not today” with $167 million in outflows on September 4. That’s nearly $400 million in collective tears. 😭

Bitcoin Says “Adios” to $227 Million While Ether Keeps the Redemption Party Going

Remember when crypto ETFs were the cool kids at the party? Well, the music stopped, and suddenly everyone’s checking their wallets. Investors yanked a cool $394 million from Bitcoin and Ether funds on Thursday, September 4, because apparently, FOMO turned into FOMO (Fear Of Missing Out… on losing more money). 🤑

Bitcoin ETFs were like, “You first,” with $227.48 million in outflows. Ark 21Shares’ ARKB led the exodus with a $125.49 million “peace out,” while Fidelity’s FBTC lost $117.45 million. Bitwise’s BITB and Grayscale’s GBTC also joined the pity party with $66.37 million and $22.42 million in withdrawals, respectively. 🎉

Even the smaller players got the memo: Vaneck’s HODL (-$17.88 million), Grayscale’s Bitcoin Mini Trust (-$4.86 million), Valkyrie’s BRRR (-$4.66 million), and Franklin’s EZBC (-$3.18 million) all said, “Nah, we’re good.” But hey, Blackrock’s IBIT was like, “I got this,” pulling in $134.82 million. Still, Bitcoin ETF net assets dropped to $142.30 billion, with $2.69 billion traded. 💸

Bitcoin Inflows/Outflows over the past eight days. Source: Sosovalue. Basically, a graph of “Oops.” 📉

Ether ETFs were like, “Hold my beer,” with $167.41 million in outflows, making it their fourth day of “not today, Satan.” Fidelity’s FETH took the biggest hit, bleeding $216.68 million. Bitwise’s ETHW (-$45.66 million), Grayscale’s ETHE (-$26.44 million), and Vaneck’s ETHV (-$17.22 million) also joined the sob fest. Even the mini trusts and smaller funds were like, “Yeah, we’re out.” 🍷

But wait! Blackrock’s ETHA was the designated driver, soaking up $148.80 million. Total value traded? $2.61 billion. Net assets? Down to $27.78 billion. Ouch. 😬

So, here we are, with both Bitcoin and Ether ETFs in the red, and Thursday’s vibe was basically, “Caution: Crypto Market Ahead.” But hey, at least Blackrock’s funds are still the cool kids in the corner, sipping their institutional safe haven smoothies. 🥤

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2025-09-05 14:03