Bitcoin ETFs Log $348.83 Million Outflow on March 6 as Price Drops From $74,000 Peak

On Friday, March 6, U.S. spot Bitcoin ETFs registered a combined net outflow of $348.83 million, aligning with a broader price correction in Bitcoin from about $74,000 to near $68,110. Institutional demand for these funds weakened, with BlackRock's IBIT and Fidelity's FBTC posting the largest withdrawals, while overall inflows since ETF approvals in 2024 remain strongly positive.