Spot Bitcoin ETFs Plummet to New Lows! đđž
The U.S. spot
#Bitcoin ETF market has hit a significant dip, dropping below $50 billion for the first time since May 1. đ
đ
This week, outflows from these ETFs reached nearly $170 million, signaling a bearish trend in the
#crypto market. đšđč
With only three of the top 50 tokens by market cap showing gains, it's clear the market sentiment has shifted. đđ
The total value of the 12 U.S.-based spot
#BTC ETFs now stands at $48.24 billion, reflecting investor caution or perhaps a shift towards other investment avenues. đđŒ
This downturn comes after a period of high expectations and inflows, showing the volatile nature of crypto investments. đȘïžđ
$BTC #Bitcoinetf