During this six-day period, more than $4.73 billion in total entered the funds.

According to SoSoValue data, 12 spot Bitcoin ETFs recorded a net outflow of $400.67 million on Thursday, November 14, ending the positive momentum of the previous six trading days.

The bulk of the outflows came from Fidelity’s FBTC fund, with an outflow of $179.16 million. This was the fund’s highest daily outflow since the $191.1 million outflow it recorded on May 1.

ARK and 21Shares’ ARKB fund ranked second with an outflow of $161.72 million. Bitwise’s BITB fund also saw an outflow of $113.94 million, the highest outflow since launch day. Grayscale’s GBTC and Mini Bitcoin Trust funds recorded outflows of $69.59 million and $5.28 million, respectively.

Despite this negative outlook, BlackRock’s IBIT fund attracted attention with a net inflow of $1.236 billion and continued its six-day inflow streak, providing a total fund flow of $3.2 billion.

According to Bloomberg analyst Eric Balchunas, IBIT reached more than $40 billion in assets under management (AUM) just 211 days after launch, placing it in the top 1% of all ETFs.

Outperforming all 2,800 ETFs launched in the last decade, IBIT also surpassed the iShares Gold Trust, which had $33.41 billion in assets in just 10 months. VanEck’s HODL fund recorded a modest inflow of $2.5 million on Nov. 14, while other ETFs experienced zero flows.

The total trading volume of the 12 Bitcoin ETFs was $4.82 billion on November 14, below the record high of $8.07 billion recorded the previous day.

The outflows from Bitcoin ETFs coincided with the price of Bitcoin falling below $87,000 on Friday, November 15.

This decline came after US Federal Reserve (Fed) Chairman Jerome Powell stated that there was no urgency in interest rate cuts. This pullback pushed Bitcoin nearly $6,500 below the record high of $93,477 reached on November 13.

Spot Ether ETFs also had a negative day on November 14, ending a six-day streak of inflows with a net outflow of $3.24 million. Most of the outflows were driven by a $21.9 million outflow from Grayscale’s ETHE fund. VanEck’s ETHV fund also saw an outflow of $1.14 million.

On the other hand, BlackRock’s ETHA and VanEck’s QETH funds partially offset outflows with inflows of $18.87 million and $929.01K, respectively.

Total net inflows for the nine Ether ETFs were recorded at $238.27 million on Thursday.

At the time of writing, Ethereum was trading at $3,067, down 6.2% in the last 24 hours, while Bitcoin was changing hands at $87,971, down 2.8%.