This week, the net outflow of the US spot Bitcoin ETF was $829 million

ChainCatcher news, according to LinChen, the head of Asia-Pacific business at Deribit, stated on social media that this week the net outflow of the US spot Bitcoin ETF was $829 million, with a total reduction of 10,358.34 BTC, and only a slight inflow of 160.44 BTC on Wednesday, with net outflows during the rest of the time. Among them, BlackRock reduced its holdings by 4,239.38 BTC, and Fidelity reduced its holdings by 3,813.02 BTC. The current price is hovering around $84,000, and the market fear and greed index is at 30 (fear), indicating a low short-term market sentiment. The Federal Reserve's interest rate meeting on March 20 and the tariffs to be implemented in April are challenging market confidence.