Abstract: A tethering system for a novelty balloon comprises a tether having a first portion of a contact type fastener secured thereto and a second portion of a contact type fastener secured to an outer surface of the balloon such that the tether is removably securable to the balloon by contacting the first portion of the contact type fastener on the tether to the second portion of contact type fastener on the balloon. In a preferred embodiment, the tethering system comprises a rod or post having a first portion of a hook and loop type fastener secured at one end and a base secured at an opposite end. A second portion of a hook and loop type fastener is secured to a surface of the balloon such that the tether may be secured to the balloon by pressing the end of the tether having the first portion of the hook and loop type fastener secured thereto against the second portion of hook and loop type fastener on the balloon.

Abstract: A balloon toy apparatus contains a lighter-than-air gas, causing it to rise. Wetting the toy with a controlled amount of a volatile liquid, such as water ejected from a water pistol, overcomes the tendency to rise and results in the toy descending or floating at or near neutral buoyancy. Evaporation of the liquid reestablishes the tendency to rise.