🚀Crypto Update: Hong Kong's Bitcoin & Ethereum ETFs saw a record outflow of $39.3M on May 13, according to Farside Investors. This is the highest since their launch on May 2.

📉Bitcoin funds from Bosera, China Asset Management, and Harvest lost $32.7M, while Ethereum funds lost $6.6M. This wiped out all gains since their launch.

🇺🇸Meanwhile, US Bitcoin ETFs saw a daily inflow of $66M on the same day. Fidelity's FBTC led with $38.6M, followed by Bitwise BITB with $20.3M.

📊Crypto markets have gained around 2% reaching $2.40 trillion in total capitalization. Bitcoin is trading at $62,500, while Ethereum is at $2,930.

🤔What's your take on these market movements? Share your thoughts below! #CryptoNews #Bitcoin #Ethereum