📢 Cryptocurrency and blockchain news! 📢

- The cryptocurrency market is undergoing an adjustment following a significant decline in inflows into spot Bitcoin ETFs in the US.

- According to Farside Investors, inflows into spot Bitcoin ETFs on July 17 amounted to $53.3 million, which is 87% less than on July 16.

- iShares Bitcoin Trust (IBIT) raised $110.4 million, and Fidelity Wise Origin Bitcoin Fund (FBTC) raised $2.8 million.

- Grayscale Bitcoin Trust (GBTC) recorded an outflow of $53.9 million after two days of no change.

- The total market capitalization of cryptocurrencies has decreased by 1.1% over the last 24 hours to $2.49 trillion.

- Bitcoin and Ethereum fell by 0.9% and 1.5%, respectively.

💬 Share your thoughts in the comments! What do you think will happen next with the market?