Bitcoin ETFs Explode Higher While Ether ETFs Bleed Outflows in Weekly Showdown
Digital gold proves its dominance as Bitcoin investment vehicles surge while Ethereum products struggle to maintain momentum.
The Great Divide
Bitcoin ETFs are crushing it this week, posting massive gains that leave traditional finance shaking its head. Meanwhile, Ether ETFs are watching capital walk out the door—proving once again that in crypto, there's Bitcoin and then there's everything else.
Institutional Money Talks
Smart money continues to flow toward the original cryptocurrency, with Bitcoin's institutional products attracting serious capital while Ethereum's offerings face headwinds. The pattern suggests investors see Bitcoin as the safer bet in volatile markets—because when Wall Street gets nervous, they always run to what they understand.
The Reality Check
Another week, another reminder that most institutional investors still treat altcoins like speculative toys while allocating real money to Bitcoin. But hey, at least the Ethereum crowd still has those gas fee jokes to fall back on.
Getting ready for the big meeting
The three officials are trying to clear the path for Trump and Xi Jinping to sit down next Thursday. That meeting is scheduled for an economic summit in South Korea, where leaders from countries around the Pacific Ocean will gather.
The conversation between the two presidents could touch on giving some temporary breaks on tariffs, easing technology restrictions, and getting China to buy American soybeans again.
Right before the Saturday talks began, Trump left Washington to start his trip through Asia. He told reporters what he wants to discuss with Xi.
Farmers dealing with China’s decision to stop buying U.S. soybeans will be one topic, Trump said. Taiwan, the self-ruled island that China says belongs to it, will also come up. Trump made clear he has no intention of visiting Taiwan himself.
Trying to avoid worse damage
The world’s two biggest economies want to prevent their tariff war from returning to extremely high levels on both sides.
When Bessent and Greer first met with Chinese counterparts in Geneva in May, they agreed to a 90-day pause in the fight. This brought tariffs down sharply to about 55% on the American side and 30% on the Chinese side. It also got rare-earth magnets moving again. They extended this agreement in later talks in London and Stockholm. It was set to end on November 10.
But things started falling apart at the end of September. America’s Commerce Department greatly expanded a list that automatically includes companies more than 50% owned by firms already on that list. This blocked American exports to thousands more Chinese businesses.
China hit back with new rare earth export controls on October 10, trying to stop these materials from being used in military equipment.
Bessent and Greer called China’s action a “global supply chain power grab” and promised America and its friends would not accept these limits. News reports say the Trump team is thinking about restricting even more exports to China, including items like laptops and jet engines.
Washington added more tension on Friday by starting a new investigation into whether China failed to keep promises made in a 2020 trade deal called the “Phase One” agreement. That deal had stopped their trade war during Trump’s first term as president.
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