Spot bitcoin exchange-traded funds in the U.S. recorded $563.7 million in total net outflows on Wednesday — the largest total net daily outflows since their debut — according to data from SosoValue.

Fidelity’s FBTC experienced the largest net outflows among the ETFs, with over $191 million moving out of the fund. That exceeded the $167.3 million net outflow recorded by Grayscale’s GBTC, SosoValue data showed. 

Ark Invest’s ARKB witnessed $98.1 million in daily net outflows, recording the third-largest net outflows of the day, followed by BlackRock IBIT’s $36.9 million and Bitwise BITB’s $29 million. This marked the first time that BlackRock’s spot bitcoin ETF recorded a net daily outflow. 

All the U.S. spot bitcoin ETFs logged daily net outflows on the day, except for …