📉 U.S.-based Spot #Bitcoin ETFs Hit Lowest Since May 1
◆ Bitcoin ETFs drop below $50 billion after $170 million in outflows.
◆ Major players like Grayscale and Fidelity saw significant outflows.
◆ Spot #Ethereum ETFs also hit a record low with a 41% drop in asset value.
◆ Ongoing outflows during a bearish week for crypto, with multiple days of net-negative activity for Bitcoin and Ethereum.