The 11 U.S. spot bitcoin exchange-traded funds reported large net outflows of $226.21 million yesterday.

Fidelity’s FBTC saw its second largest net outflow day since inception, worth $106 million, according to data from SoSoValue. Grayscale’s GBTC reported net outflows of $62 million, and Ark Invest and 21Shares’ ARKB saw $53 million move out from the fund.

Funds from Bitwise and VanEck both saw net outflows worth around $10 million, while Invesco and Galaxy Digital’s BTCO saw $3 million in net outflows. The only net inflow yesterday came from BlackRock’s IBIT, which is the largest spot bitcoin fund in terms of net asset value. IBIT drew in $18 million on Thursday. 

Since their January listing, the 11 spot bitcoin ETFs in the U.S. have accumulated a total net inflow of $15.30 …