U.S. spot bitcoin exchange-traded funds recorded a ninth consecutive day of net inflows, drawing in $107.91 million on Thursday. This is the longest streak of positive flows seen in spot bitcoin ETFs since mid-March, when they logged 10 straight days of inflows.

BlackRock’s IBIT led the inflows with $89 million, followed by Fidelity’s FBTC that drew in $19 million. VanEck’s spot bitcoin fund also reported net inflows of $10 million, according to data from SoSoValue. Ark Invest and 21Shares’ bitcoin fund and Invesco and Galaxy Digital’s ETF both logged daily net inflows of $2 million.

Grayscale’s converted GBTC reported a net outflow of $14 million. Funds from Bitwise, Valkyrie, Franklin Templeton, WisdomTree and Hashdex recorded zero flows on Thursday.

Combined, the 11 spot bitcoin …