Spot Bitcoin ETFs recorded a net outflow of $54.13 million on Thursday.
This is the third consecutive day of negative flows, bringing total outflows to more than $388 million over the three-day period.
According to SoSoValue data, the largest outflows were recorded by Ark Invest and 21Shares’ ARKB, with net outflows of $57.97 million. Fidelity's FBTC also posted net outflows of $37.21 million on Thursday.
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On the other hand, BlackRock's IBIT had the largest inflow of $35.96 million.
Also recording net inflows were Bitwise's BITB with $2.65 million and Invesco's BTCO with $2.44 million.
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Total daily trading volume recorded Thursday by spot Bitcoin ETFs was $1.13 billion, up from $1.66 billion the previous day.
By comparison, spot Ethereum ETFs had a total daily net outflow of $3.2 million on Thursday.