Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a significant decline following a mid-afternoon selloff on Tuesday. This occurred despite the launch of Europe's first Bitcoin ETF by London-based Jacobi Asset Management on Euronext Amsterdam. The ETF, regulated by the Guernsey Financial Services Commission, is now available for trading under the ticker “BCOIN”. Crypto analyst Michael Van De Poppe noted that there have been no significant updates on ETF applications from the SEC, and another analyst predicts a potential decline for Bitcoin by the end of this year.