US spot Bitcoin ETFs saw net outflows of $829.9 million this week

net outflow of the US spot Bitcoin ETF this week was $829.9 million, with a total reduction of 10,358.34 BTC. Only 160.44 BTC flowed in on Wednesday, with net outflows for the rest of the time. BlackRock reduced holdings by 4,239.38 BTC, while Fidelity reduced holdings by 3,813.02 BTC. The current price is hovering around $84,000, with a market fear and greed index of 30 (fear). Short-term market sentiment is low, with the March 20 Federal Reserve interest rate meeting and the tariffs to be implemented in April challenging market confidence.