According to ChainCatcher, Deribit's Asia-Pacific business manager LinChen stated on social media that this week the US spot Bit ETF had a net outflow of $829.9 million, reducing its holdings by 10,358.34 Bit, with only a slight inflow of 160.44 Bit on Wednesday, the rest of the time was a net outflow. Among them, BlackRock reduced its holdings by 4,239.38 Bit, and Fidelity reduced its holdings by 3,813.02 Bit. The current price is hovering around $84,000, and the market fear and greed index is 30 (fear), the short-term market sentiment is depressed, the Fed's interest rate meeting on March 20 and the tariffs to be implemented in April are challenging market confidence.
US spot Bitcoin ETFs saw net outflows of $829.9 million this week
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