Oct 20, 2026 4:33 PM

Wall Street’s massive embrace of crypto is a facade for poor performance. Despite BlackRock’s IBIT seeing a record $665 million inflow in a single day, both Bitcoin and the fund are down 5% this year. Ether is even worse, crashing 17%. This proves that record-breaking institutional demand doesn't actually translate to price gains. We’re being sold the "future of finance" while the assets themselves lose value. Is the crypto ETF hype just a trap for retail? Do you agree?
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