📉 U.S.-based Spot Bitcoin ETFs Fall to Lowest Levels Since May 1

◆ Bitcoin ETFs dip below $50 billion following $170 million in outflows.

◆ Leading firms like Grayscale and Fidelity report significant losses.

◆ Spot Ethereum ETFs also reach a record low, experiencing a 41% drop in asset value.

◆ Continuous outflows amid a bearish week for crypto, with multiple days of net-negative activity for both Bitcoin and Ethereum.

#cryptoupdate2024