Svmuu News: Artemis has released the latest data on X showing that the assets under management (AUM) of the spot Ethereum ETF have shrunk by nearly 65% in approximately four months.The data shows that the Ethereum’s AUM has fallen from a peak of approximately $30.6 billion to its current level of about $10.7 billion, evaporating nearly two-thirds of its value from the high point—a significant decline.Meanwhile, the Bitcoin ETF has also come under pressure. Data shows that the Bitcoin ETF’s assets under management have fallen by approximately 49% from their peak. Although the decline is smaller than that of the Ethereum ETF, it is similarly facing sustained outflow pressure. Analysts believe that the sharp contraction in AUM is primarily driven by the dual impact of price corrections and net outflows, reflecting a shift toward defensive positioning among institutional investors in the current macroeconomic and market environment.