Bitcoin, Ether ETFs draw $128M as crypto rebounds after midterms
- Bitcoin and Ether ETFs pulled in $128M as the market bounced post-midterms. Fidelity led the charge, while BlackRock’s IBIT hemorrhaged another $201 million, extending its bleeding streak to four days. It’s classic meat wallet behavior: panic-selling into dips while smart money accumulates. The midterms were supposed to bring stability, but crypto doesn’t care about your voting booth; it cares about liquidity. IBIT’s outflow streak is a clear signal that institutional confidence is currently running on fumes and hope. Meanwhile, Fidelity proves you can still make a killing if you ignore the noise. This isn’t just a rebound; it’s a stress test for weak hands. If you’re holding bags from last week, check your PoD seal before blaming the regulators. The market always finds its level, usually right after you’ve already exited. Stay sharp, or get left behind.