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Spot Bitcoin exchange-traded funds have seen their fourth consecutive day of aggregate outflows as the underlying asset continues to retreat.

On 21st of March, there was a net outflow of $94 million from the ten newly launched spot Bitcoin ETFs.

Although the figure is lower than the previous three days, it represents another day when funds have been pulled out of the institutional investment products.

Fund outflows for March 18th, 19th, and 20th totaled $154 million, $326 million, and $261 million, respectively, according to Farside Investors. The net total outflow for this week is currently $836 million, with Friday’s figures yet to be included.

This suggests that the past two months of Bitcoin ETF hype have come to a temporary halt as investors take profits.