Bitcoin and Ethereum Spot ETFs Bleed $364M in a Single Day as Fidelity and BlackRock Lead Outflows!

Bitcoin spot ETFs recorded a combined net outflow of $233 million on May 12, according to SoSoValue data, with Fidelity's FBTC leading the exodus at $86.13 million. The scale of the single-day drawdown signals a meaningful shift in institutional positioning, not a routine rebalancing tick. Ethereum…