The jubilant reawakening enacts a veritable four-act play of persistent institutional intrigue, even as market vagaries throw a decadently chaotic waltz.
Leading this merry caravan, Fidelity, like a greedy magpie, dutifully hoarded over $100 million into its FBTC treasure chest. The ever-ambitious VanEck and the formidable BlackRock, ever the respectable bullies in the playground, followed suit, while Grayscale and Bitwise—those industrious little beavers—squeezed their share of the action too.
This delightful turn of events comes hot on the heels of a rather gloomy episode that saw a dour $285 million drift away as if caught in an opulent whirlpool. It seems our brave investors are merely adjusting their monocles and shifting their chairs rather than forsaking the soiree entirely. Meanwhile, Bitcoin floundered a tad down to $115,988 (poor dear), while Ethereum graced us with a dainty bounce to $3,644. Such mathematical ballet!
In a parallel universe, Galaxy Digital juggled about 10,000 BTC between exchanges like a nostalgic mime, pulling out a staggering $370 million in USDT—a most theatrical maneuver hinting at a grander repositioning conspiracy among the titans.
Moreover, Ethereum-based ETFs are engaged in a delightful dance of their own, reveling in their 15th consecutive day of inflows, merrily adding $231 million this Thursday. This slow but steady accumulation paints a charming portrait of institutional strategies that now harmonize around the two crypto deities, even amid a tempestuous sea of uncertainty.
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2025-07-25 22:00