Ethereum ETFs: The Great Escape! 💸🚀

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Key Takeaways (Because Who Has Time for the Whole Story? 😅)

Which Ethereum ETFs Said “Bye, Felicia!” to Their Funds? 👋

Oh, the drama! The Fidelity Ethereum Fund (FETH) took the crown for the biggest breakup, losing over $362 million. Close behind was BlackRock’s ETHA, with a cool $200 million walking out the door. 💔

How Did Ethereum’s Price React? Spoiler: It Wasn’t Pretty. 😬

Ethereum was like, “Catch me if you can!” trading at $3,990.17, down 0.58% on the day and a whopping 10.78% over the week. Volatility, you’re such a tease! 🎢

Ethereum [ETH] has been the talk of the town lately, not just for its price rollercoaster but also for its network activity that’s got everyone whispering, “Is this the next big thing?” 🌟

But hold the champagne! Despite the hype, spot Ethereum ETFs had a major case of the “I need some space” last week, with record-breaking outflows. 🚫💸

Ethereum ETF Drama: The Numbers Don’t Lie (But They Do Cry) 😭

Farside Investors spilled the tea: for the week ending September 26th, these ETFs lost $795.6 million, even with trading volumes hitting $10 billion. That’s like losing your wallet at a party but still having a great time? 🕺

This beats the previous record from September 5th, where $787.7 million said “peace out.” ✌️

BlackRock’s ETHA, the cool kid on the block, saw $200 million exit stage left, but don’t worry, it’s still sitting pretty with $15.2 billion in assets. 💼

Fidelity’s FETH, the third wheel in this ETF love triangle, lost the most with $362 million fleeing faster than you after a bad date. 🚗💨

Even Grayscale’s ETHE got the cold shoulder, proving it’s not just you-everyone’s feeling cautious about Ethereum right now. 🤔

All this coincided with Ethereum dipping below $4,000, trading at $3,990.17. Down 0.58% on the day and 10.78% over the week. Thanks for nothing, volatility! 😤

The ETF exodus mirrors the market’s mood: investors are like, “Nah, I’m good,” amid all the short-term chaos. 🌪️

Bitcoin ETFs Were Like, “Hold My Beer” 🍺

Bitcoin [BTC] ETFs weren’t left out of the party, with $902.5 million in outflows. Fidelity’s FBTC led the retreat, because why not? 🤷‍♀️

Bitcoin itself was like, “I’m just here for the snacks,” trading at $109,352.01, down 0.02% daily and 5.53% weekly. Yawn. 😴

And the Plot Thickens… 🕵️‍♀️

Just when you thought it couldn’t get more dramatic, the SEC decided to postpone decisions on crypto ETF and staking applications until late October and mid-November. Because why make things easy? 🤦‍♂️

BlackRock, Franklin Templeton, Fidelity, 21Shares, and Grayscale are all waiting with bated breath. Popcorn, anyone? 🍿

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2025-09-29 02:50