Spot bitcoin exchange-traded funds in the U.S. saw their fifth consecutive day of net outflows, with $139.88 million moving out from the funds on Thursday.

Grayscale’s GBTC led the pack yesterday with a daily net outflow of $53 million, closely followed by Fidelity’s FBTC, which posted outflows of $51 million, according to data from SoSoValue. Bitwise’s BITB reported $32 million in net outflows, while VanEck’s ETF logged net outflows of $4 million. The fund from Invesco and Galaxy Digital saw $2 million in net outflows.

The only net inflows came from BlackRock’s IBIT, the largest spot bitcoin ETF in terms of net asset value. IBIT saw $1 million in net inflows and recorded $565 million in daily trade volume on Thursday. Other funds from Ark Invest, Valkyrie, Franklin Templeton, …