Ethereum ETFs Rake in $11M—Because Wall Street Loves a Side Bet During Chaos
While crypto markets wobble like a drunk tightrope walker, Ethereum ETFs just pocketed $11 million in fresh inflows. Traders hedging their bets—or just desperate for yield? You decide.
The ETF hustle plays on
Even as ETH price action stutters, institutional money keeps playing the long game. Classic finance move: throw cash at derivatives when the underlying asset gives you vertigo.
Cynical take
Nothing unites bankers and degens quite like leveraged exposure to volatile assets. Bonus points for charging 2% management fees to lose your clients' money *slowly*.