The U.S. spot bitcoin exchange-traded funds experienced net outflows of $200 million on Tuesday — continuing the outflows from Monday that ended their record streak of net inflows.

Grayscale’s GBTC witnessed the largest amount of net outflows, totaling $121 million on Tuesday, followed by Ark Invest’s ARKB with $56 million in net outflows, according to SoSoValue data. Bitwise’s BITB reported $12 million in outflows, while Fidelity and VanEck experienced single-digit net outflows.

Outflows prevailed among U.S. spot bitcoin ETFs as other funds, including BlackRock’s IBIT, recorded zero flows on Tuesday.

The 11 spot bitcoin ETFs concluded their 19-day consecutive run of net inflows on Monday, with outflows totaling $64.93 million. As of Tuesday, the funds have accumulated a total net …