So, the whole crypto zoo is doing its usual dance, but this time Bitcoin is strutting like it owns the place. The entire cryptocurrency playground is tiptoeing up to a cool $3 trillion—yes, trillion with a “t.”
Last week, Bitcoin ETFs decided to play fairy godmother and attracted over $3 billion. Apparently, when the world gets messier thanks to tariff spats (because who doesn’t love drama?), investors get twitchy—or, you know, opportunistic. On April 25 alone, these ETFs sucked in $380 million, making them the hottest thing on the finance block.
Leading the pack like a financial rockstar, BlackRock’s IBIT ETF sauntered in with a $240.15 million net inflow on Friday. The darling has now racked up a mind-boggling $41.2 billion since its debut. Fidelity’s FBTC isn’t far behind, scooping up $108.04 million to reach an $11.86 billion fan club.
Meanwhile, poor Grayscale’s GBTC is practically the sad sack of the street—bleeding out $7.53 million just last Friday, with $22.69 billion having slipped through its fingers over time. Proof some legacy players can’t keep up with the new kids on the blockchain block.
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2025-04-26 17:54