Spot Bitcoin ETFs have experienced two consecutive days of outflows, with a total of $200.31 million leaving during Tuesday's trading sessions. Among the ETFs, IBIT, BTCO, BRRR, EZBC, BTCW, and DEFI remained neutral with no inflows or outflows, while GBTC, FBTC, ARKB, and HODL all recorded outflows.

GBTC saw the largest outflows, with $121 million leaving the fund during Tuesday's trading sessions. Overall, the ETFs witnessed a trading volume of approximately $1.98 billion, with IBIT leading in volume at $1.12 billion. GBTC accounted for around $328 million in trading volume on Tuesday.

Following GBTC, ARKB experienced the second-highest outflows with $56 million exiting, followed by BITB with a loss of $12 million. FBTC and HODL experienced outflows of $7 million and $4 million, respectively, according to sosovalue.xyz metrics. As of now, Blackrock's IBIT holds 305,067.82 BTC, while GBTC's cache stands at 283,965.99 BTC.

The recent consecutive days of outflows mark a departure from the 19-day streak of stability for U.S. spot Bitcoin ETFs. This trend raises questions about the sustainability of the downturn, particularly considering the significant reduction in holdings, especially from major players like Grayscale, which could signal a longer-term recalibration in the market.