Ether ETF Frenzy: When Investors Say ‘Enough is Enough!’ 😂💸

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Well, well, well, what do we have here? Ether ETFs pulling a classic disappearing act-almost half a billion dollars decided to vanish into thin air on Monday, leaving investors clutching their collywobbles. According to Farside Investors, it was the biggest one-day exodus since the dawn of time (or at least since their data began). Fancy that! 📉

Apparently, Ether (ETH) got a bit shy after its July performance dazzled everyone-raking in a staggering $5.43 billion in net inflows. But no sooner had it strutted its stuff than it did a little backflip, dropping to $3,380 on Sunday, a full 12% dip from Thursday’s flirtation at $3,858. By Tuesday, our dear friend had bounced back, rising to $3,629-because even if it flops, it’s a resilient little blighter. CoinGecko reports the comeback. 🦄

BlackRock Gets the Pin – Oh, How the Mighty Falter!

In the grand game of ‘who lost the most,’ BlackRock’s iShares Ethereum Trust (ETHA) took a sizable knock-a cool $375 million out the door on Monday. But don’t cry for it! The ETF still boasts a healthy $9.3 billion net inflow and total assets of $10.7 billion, so it’s not exactly destitute-just a tad humbled.

Fidelity’s Ethereum Fund (FETH) didn’t escape entirely unscathed either, lumbering out with $55.11 million less in its sack. Nonetheless, it still manages a tidy $2.2 billion in net inflows and $2.4 billion in assets-because why not? Even heavyweights like Grayscale weren’t immune, shedding $28 million from their Ethereum Mini Trust, and $6.9 million from their main trust. As for the totals? Well, we’re talking about billions in net outflows, but messengers of doom often forget the bigger picture-like the fact they’ve been in the game since the dawn of the crypto era. 🎭

Whales Keep Splashing-Institutions Continue Their Love Affair with ETH

While ETFs are busy having their tantrum, the big fish-the whales and the institutional crowd-are still snorkelling with glee. Lookonchain swears they spotted three wallets owned by these financial leviathans snagging a whopping 63,837 ETH-worth about $236 million-through clandestine OTC deals with FalconX and Galaxy Digital. Because, of course, when everyone else is running, they’re buying. Since July 9, a staggering 14 wallets have hoarded some 856,554 ETH, worth over $3.1 billion-because old habits die hard, or so the wise say. 🐋💰

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2025-08-05 12:41