Bitcoin ETFs just bled $265M in a brutal 24 hours, and Ethereum’s supposed rescue is another BlackRock illusion
- Bitcoin ETFs hemorrhaged $265M in 24 hours, proving the market is still full of meat wallets chasing ghosts. BlackRock’s IBIT bled $122.7M while Fidelity and Grayscale followed suit. The "Ethereum rescue"? A mirage. That $9M inflow was entirely propped up by BlackRock’s ETHB; strip that away, and the rest of the Ether funds are bleeding out too. It’s not a rotation; it’s a single product distraction. Don’t let the staking yield narrative fool you—this is just aggressive passive income for the house while you hold the bag. Where's my cut? The data doesn't lie: broad demand is absent, and the only thing rotating here is your hope into despair. Stay liquid or get liquidated.