Spot Bitcoin exchange-traded funds in the United States experienced a slowdown in net inflows on Sept. 16, while spot Ether ETFs saw outflows again as bears dominated the market sentiment yesterday.

According to data from SoSoValue, the 12 spot Bitcoin ETFs logged net inflows of $12.9 million, 95% lower than the $263 million inflows recorded the previous trading day. BlackRock’s IBIT, the largest BTC ETF, led the lot again with $15.8 million in inflows after 10 days of no positive flows seen by the fund.

Fidelity’s FBTC followed with $5.1 million flowing into its fund. Notably, the ETF was the only fund to record net inflows for six straight days with $223.1 million entering it within the period. Franklin Templeton’s EZBC drew in $5 million.

VanEck’s HODL and Grayscale Bitcoin Mini Trust also saw net positive flows of $4.9 million and $2.8 million respectively on the day.

Grayscale’s GBTC was the sole spot Bitcoin ETF to report outflows, with $20.8 million leaving the fund, culminating in total outflows of $20.06 billion since its launch. The remaining six BTC ETFs witnessed no trading activity.

Total trading volume for the 12 BTC ETFs dropped to $1.1 billion on Sept. 16, significantly lower than the $1.82 billion seen the previous day. These funds have recorded a cumulative total net inflow of $17.31 billion since the launch date. At the time of writing, Bitcoin (BTC) was trading sideways at approximately $58,521, per data from crypto.news.

Meanwhile, the nine U.S.-based Spot Ethereum ETFs experienced net outflows once again on Sept. 16, totaling $9.51 million following the previous day which saw inflows. Most of the daily net outflows originated from Grayscale’s ETHE, with $13.8 million flowing out of its fund. Bitwise’s ETHW also saw $2.1 million in outflows.

These outflows were partially offset by BlackRock’s ETHA and Grayscale Ethereum Mini Trust which logged inflows of $4.2 million and $2.3 million respectively on the day.

The trading volume for these investment vehicles also decreased, dropping to $128.02 million on Sept. 16 from $147.64 million seen the previous day. The spot Ether ETFs have experienced a cumulative net outflow of $590.73 million to date. At the time of publication, Ethereum (ETH) was exchanging hands at $2,299.